£431,292
This estimated value is based upon the latest sale price for the house of £350,000 on 28 Nov 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 Saffron Central Square, Croydon, CR0 2FT
Phone: 02036415087
Price Paid | Date |
---|---|
£350,000 | 28 Nov 2018 |
£186,000 | 24 Aug 2012 |
£76,000 | 11 Dec 1998 |
£53,500 | 14 Jun 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 136 sq meters or 1,466 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 November 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.227%.Applying this 23.227% change to the original purchase price of £350,000 results in an estimated price of approximately £431,292.
28 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 148.6 | 23.227 % | £350,000 | £81,292 | £431,292 |
The Postcode Pricing Model uses changes in average sales price within the CR0 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 | -2.467 % | £-8,635 | £341,364 |
3 Month Average | -1.883 % | £-6,590 | £343,409 |
6 Month Average | -0.701 % | £-2,452 | £347,547 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £370,000 | £370,000 | 92 OAKFIELD ROAD |
8 Sep 2023 | £455,828 | £450,000 | FLAT 1 12 FARQUHARSON ROAD |
1 Sep 2023 | £238,044 | £235,000 | FLAT 2 59 OAKFIELD ROAD |
18 Jan 2023 | £258,781 | £260,000 | FLAT 4 67 OAKFIELD ROAD |
16 Jan 2023 | £273,711 | £275,000 | FLAT 2 100A OAKFIELD ROAD |
This house has a floor area of 136 sq meters or 1,466 sq feet when measured on 13 Sep 2011. Using an estimated price of £431,293 means this house is valued at £3,165 per sq meter (£294 per sq foot).
The average size of a house on OAKFIELD ROAD is 69 sq meters (744 sq feet).