£896,020
This estimated value is based upon the latest sale price for the house of £710,000 on 26 Oct 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Downlands Road
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Suite 25, 130 Brighton Road, Purley, CR8 4EX
Phone: 02080223948
| Price Paid | Date |
|---|---|
| £710,000 | 26 Oct 2017 |
| Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 October 2017 the House Price Index for GREATER LONDON was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £710,000 results in an estimated price of approximately £896,020.
| 26 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £710,000 | £186,020 | £896,020 |
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 | -28.766 % | £-204,238 | £505,761 |
| 3 Month Average | -2.918 % | £-20,718 | £689,281 |
| 6 Month Average | 3.521 % | £24,997 | £734,997 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Aug 2023 | £244,136 | £242,000 | FLAT 9 130 BRIGHTON ROAD |
| 13 Jan 2023 | £646,952 | £650,000 | 144 BRIGHTON ROAD |
| 18 Oct 2022 | £206,279 | £208,500 | FLAT 9 BURLINGTON HOUSE, 163 BRIGHTON ROAD |
| 28 Mar 2022 | £585,488 | £565,000 | 153 BRIGHTON ROAD |
| 18 Mar 2022 | £261,656 | £252,500 | FLAT 14 ANDREW'S HOUSE, 124 BRIGHTON ROAD |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 9 May 2016. Using an estimated price of £896,020 means this house is valued at £6,788 per sq meter (£630 per sq foot).
The average size of a house on DOWNLANDS ROAD is 143 sq meters (1,541 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Under investigation | On or near Downlands Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Downlands Road |
| Dec 2023 | Violence and sexual offences | On or near Reedham (Greater London) (Station) | |
| Dec 2023 | Violence and sexual offences | On or near Reedham (Greater London) (Station) | |
| Dec 2023 | Violence and sexual offences | On or near Reedham (Greater London) (Station) |