£847,652
This estimated value is based upon the latest sale price for the house of £500,000 on 9 Jul 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Suite 25, 130 Brighton Road, Purley, CR8 4EX
Phone: 02080223948
| Price Paid | Date |
|---|---|
| £500,000 | 9 Jul 2012 |
| £445,000 | 28 Mar 2002 |
| Detached |
| Freehold |
| Floor Area: 127 sq meters or 1,367 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 2012 the House Price Index for GREATER LONDON was 87.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 69.531%.Applying this 69.531% change to the original purchase price of £500,000 results in an estimated price of approximately £847,652.
| 9 Jul 2012 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.3 | 148.0 | 69.531 % | £500,000 | £347,652 | £847,652 |
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 | 122.724 % | £613,621 | £1,113,621 |
| 3 Month Average | 64.576 % | £322,880 | £822,880 |
| 6 Month Average | 57.501 % | £287,505 | £787,505 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £1,266,256 | £1,250,000 | 15 WOODLAND WAY |
| 28 Jul 2023 | £908,595 | £900,000 | 79 HIGHER DRIVE |
| 10 Mar 2023 | £1,568,478 | £1,560,000 | 13 WOODLAND WAY |
| 20 Sep 2022 | £434,713 | £440,000 | FLAT 3 FORDWICH HOUSE, 81 HIGHER DRIVE |
| 9 Sep 2022 | £314,179 | £318,000 | FLAT 7 BENNAT APARTMENTS, 78 HIGHER DRIVE |
This house has a floor area of 127 sq meters or 1,367 sq feet when measured on 17 Aug 2010. Using an estimated price of £847,653 means this house is valued at £6,670 per sq meter (£619 per sq foot).
The average size of a house on HIGHER DRIVE is 158 sq meters (1,703 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Densham Drive |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Densham Drive |
| Mar 2024 | Anti-social behaviour | On or near Burcott Road | |
| Apr 2024 | Public order | Under investigation | On or near Woodland Way |
| Apr 2024 | Vehicle crime | Under investigation | On or near Higher Drive |