£2,500,958
This estimated value is based upon the latest sale price for the house of £2,050,000 on 5 Jun 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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152 - 160 City Road, CR8 4JE
Phone: 02081663093
| Price Paid | Date |
|---|---|
| £2,050,000 | 5 Jun 2020 |
| £200,000 | 25 Mar 1996 |
| Detached |
| Freehold |
| Floor Area: 486 sq meters or 5,231 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 June 2020 the House Price Index for GREATER LONDON was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £2,050,000 results in an estimated price of approximately £2,500,958.
| 5 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £2,050,000 | £450,958 | £2,500,958 |
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 | -57.821 % | £-1,185,328 | £864,671 |
| 3 Month Average | -39.159 % | £-802,756 | £1,247,243 |
| 6 Month Average | -13.304 % | £-272,726 | £1,777,273 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £1,005,910 | £975,000 | 44 MANOR WAY |
| 28 Feb 2023 | £2,265,131 | £2,250,000 | 11 BRIAR HILL |
| 20 Jul 2022 | £2,828,340 | £2,800,000 | MEDINA GATE BIRCH LANE |
| 14 Jan 2022 | £2,199,911 | £2,075,000 | 1A THE SOUTH BORDER |
| 7 Jan 2022 | £826,955 | £780,000 | 29 MANOR WAY |
This house has a floor area of 486 sq meters or 5,231 sq feet when measured on 23 Aug 2019. Using an estimated price of £2,500,958 means this house is valued at £5,146 per sq meter (£478 per sq foot).
There is one other house on the street which we know the size of, this is UMMED VILLA BIRCH LANE it is 300.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Drugs | Under investigation | On or near Peaks Hill Rise |