£1,021,789
This estimated value is based upon the latest sale price for the house of £599,950 on 24 Aug 2012. 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 |
---|---|
£599,950 | 24 Aug 2012 |
£490,000 | 15 Jul 2002 |
£300,000 | 24 Jan 1997 |
Detached |
Freehold |
Floor Area: 174 sq meters or 1,878 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 August 2012 the House Price Index for GREATER LONDON was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £599,950 results in an estimated price of approximately £1,021,789.
24 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 148.6 | 70.312 % | £599,950 | £421,839 | £1,021,789 |
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 | -7.872 % | £-47,228 | £552,721 |
3 Month Average | 54.320 % | £325,890 | £925,840 |
6 Month Average | 51.629 % | £309,748 | £909,698 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £973,517 | £965,000 | 5 HILLCREST ROAD |
20 Jul 2023 | £957,892 | £945,000 | 54 HIGHFIELD ROAD |
15 Jun 2023 | £931,281 | £920,000 | 52 HILLCREST ROAD |
1 Mar 2023 | £1,478,933 | £1,465,000 | 35 HILLCREST ROAD |
2 Feb 2023 | £269,319 | £269,500 | FLAT 4 37 PLOUGH LANE |
This house has a floor area of 174 sq meters or 1,878 sq feet when measured on 16 May 2010. Using an estimated price of £1,021,790 means this house is valued at £5,855 per sq meter (£543 per sq foot).
The average size of a house on SOVEREIGN CLOSE is 284 sq meters (3,065 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Sovereign Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Hillcrest Road |
Jan 2024 | Robbery | Under investigation | On or near Highfield Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pringle Gardens |
Dec 2023 | Anti-social behaviour | On or near Plough Lane |