£394,487
This estimated value is based upon the latest sale price for the house of £226,000 on 11 May 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Suite 25, 130 Brighton Road, Purley, CR8 4EX
Phone: 02080223948
| Price Paid | Date |
|---|---|
| £226,000 | 11 May 2006 |
| £175,000 | 18 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in May 2006 the House Price Index for GREATER LONDON was 85.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 74.552%.Applying this 74.552% change to the original purchase price of £226,000 results in an estimated price of approximately £394,487.
| 11 May 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.1 | 148.6 | 74.552 % | £226,000 | £168,487 | £394,487 |
The Postcode Pricing Model uses changes in average sales price within the CR8 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 161.596 % | £365,206 | £591,206 |
| 3 Month Average | 99.677 % | £225,270 | £451,270 |
| 6 Month Average | 98.859 % | £223,420 | £449,420 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £753,178 | £740,000 | 26 BENCOMBE ROAD |
| 5 Aug 2022 | £224,396 | £225,000 | 6 OAKHILL LODGE, 15 REEDHAM DRIVE |
| 7 Dec 2021 | £500,333 | £467,000 | 66 REEDHAM DRIVE |
| 15 Jul 2021 | £486,139 | £423,000 | 15 BENCOMBE ROAD |
| 18 Jun 2021 | £289,690 | £270,000 | 23 OAKHILL LODGE, 15 REEDHAM DRIVE |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 3 Aug 2021. Using an estimated price of £394,487 means this house is valued at £4,810 per sq meter (£446 per sq foot).
The average size of a house on REEDHAM DRIVE is 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Higher Drive |
| Jan 2024 | Vehicle crime | Under investigation | On or near Higher Drive |
| Feb 2024 | Public order | Under investigation | On or near Reedham Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Aveling Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Aveling Close |