£509,955
This estimated value is based upon the latest sale price for the house of £400,000 on 27 Jul 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2-3 The Exchange Purley Road, Purley, CR8 2HA
Phone: 02034630116
Price Paid | Date |
---|---|
£400,000 | 27 Jul 2017 |
£234,838 | 9 Feb 2007 |
Terraced |
Freehold |
Floor Area: 90 sq meters or 968 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 July 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £400,000 results in an estimated price of approximately £509,955.
27 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
116.6 | 148.6 | 27.489 % | £400,000 | £109,955 | £509,955 |
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 | -38.530 % | £-154,120 | £245,879 |
3 Month Average | -3.543 % | £-14,172 | £385,827 |
6 Month Average | 9.618 % | £38,472 | £438,472 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jul 2023 | £532,162 | £525,000 | 8 FOXLEY GARDENS |
26 Aug 2022 | £461,258 | £462,500 | 7 ELM ROAD |
29 Apr 2022 | £477,827 | £464,000 | 120 GODSTONE ROAD |
29 Nov 2021 | £465,051 | £430,000 | 23 FOXLEY GARDENS |
19 Nov 2021 | £492,089 | £455,000 | 25 PURLEY VALE |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 29 Nov 2016. Using an estimated price of £509,956 means this house is valued at £5,666 per sq meter (£526 per sq foot).
The average size of a house on FOXLEY GARDENS is 100 sq meters (1,078 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Hillside Avenue |
Jan 2024 | Anti-social behaviour | On or near Cross Road | |
Jan 2024 | Anti-social behaviour | On or near Cross Road | |
Jan 2024 | Anti-social behaviour | On or near Cross Road | |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cross Road |