£314,227
This estimated value is based upon the latest sale price for the house of £255,000 on 9 Nov 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4 Russell Parade, Russell Hill Road, Purley, CR8 2LE
Phone: 02080330761
| Price Paid | Date |
|---|---|
| £255,000 | 9 Nov 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 117 sq meters or 1,259 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 £255,000 results in an estimated price of approximately £314,227.
| 9 Nov 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.227 % | £255,000 | £59,227 | £314,227 |
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 | 47.463 % | £121,029 | £376,029 |
| 3 Month Average | 3.397 % | £8,663 | £263,663 |
| 6 Month Average | 6.669 % | £17,004 | £272,004 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £912,278 | £900,000 | 6 THE BRIDLE ROAD |
| 29 Jun 2023 | £1,072,997 | £1,060,000 | 20 PEAKS HILL |
| 23 Jun 2023 | £1,012,262 | £1,000,000 | 17 THE BRIDLE ROAD |
| 22 Jul 2022 | £1,729,656 | £1,725,000 | 19 PEAKS HILL |
| 30 Jun 2021 | £858,339 | £800,000 | 2 CHURCH HILL |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 10 Jul 2018. Using an estimated price of £314,228 means this house is valued at £2,685 per sq meter (£249 per sq foot).
The average size of a house on THE BRIDLE ROAD is 199 sq meters (2,147 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Foxley Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Bridle Road |
| Jan 2024 | Public order | Under investigation | On or near The Bridle Road |
| Jan 2024 | Other theft | Under investigation | On or near Peaks Hill |