£317,904
This estimated value is based upon the latest sale price for the house of £118,000 on 20 Sep 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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50 Lower Addiscombe Road, Croydon, CR0 6AA
Phone: 02081667276
Price Paid | Date |
---|---|
£118,000 | 20 Sep 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 54 sq meters or 588 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 September 2002 the House Price Index for GREATER LONDON was 55.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 169.411%.Applying this 169.411% change to the original purchase price of £118,000 results in an estimated price of approximately £317,904.
20 Sep 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
55.2 | 148.6 | 169.411 % | £118,000 | £199,904 | £317,904 |
The Postcode Pricing Model uses changes in average sales price within the CR0 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 | 152.163 % | £179,552 | £297,552 |
3 Month Average | 125.378 % | £147,945 | £265,945 |
6 Month Average | 132.289 % | £156,100 | £274,100 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £144,000 | £144,000 | FLAT 21 YARDMASTER HOUSE, 11 CROSS ROAD |
25 May 2022 | £305,761 | £300,000 | FLAT 13 MARASCHINO APARTMENTS, 47 CHERRY ORCHARD ROAD |
12 May 2022 | £336,337 | £330,000 | 53 CROSS ROAD |
3 Feb 2022 | £471,913 | £450,000 | 58 CROSS ROAD |
2 Dec 2020 | £26,558,815 | £23,140,633 | FLAT 1 YARDMASTER HOUSE, 11 CROSS ROAD |
This house has a floor area of 54 sq meters or 588 sq feet when measured on 21 Oct 2008. Using an estimated price of £317,905 means this house is valued at £5,811 per sq meter (£539 per sq foot).
The average size of a house on CROSS ROAD is 69 sq meters (748 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Drugs | Local resolution | On or near Cross Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Cross Road |
Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cross Road |
Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cross Road |
Dec 2023 | Anti-social behaviour | On or near Cross Road |