£177,997
This estimated value is based upon the latest sale price for the house of £105,000 on 18 Jan 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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33 Lower Addiscombe Rd, Croydon, CR0 6PG
Phone: 02080336711
| Price Paid | Date |
|---|---|
| £105,000 | 18 Jan 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 52 sq meters or 559 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 January 2013 the House Price Index for GREATER LONDON was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.521%.Applying this 69.521% change to the original purchase price of £105,000 results in an estimated price of approximately £177,997.
| 18 Jan 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 148.6 | 69.521 % | £105,000 | £72,997 | £177,997 |
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 | 76.050 % | £79,852 | £184,852 |
| 3 Month Average | 62.605 % | £65,735 | £170,735 |
| 6 Month Average | 62.542 % | £65,669 | £170,669 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Mar 2023 | £244,302 | £242,000 | FLAT 3 14 ELGIN ROAD |
| 17 Feb 2023 | £237,840 | £238,000 | 31A ELGIN ROAD |
| 18 Mar 2022 | £210,879 | £203,500 | FLAT 1 45 ELGIN ROAD |
| 20 Dec 2021 | £235,703 | £220,000 | FLAT 3 47 ELGIN ROAD |
| 20 Dec 2021 | £112,495 | £105,000 | FLAT 1 47 ELGIN ROAD |
This house has a floor area of 52 sq meters or 559 sq feet when measured on 4 Sep 2012. Using an estimated price of £177,997 means this house is valued at £3,423 per sq meter (£318 per sq foot).
The average size of a house on ELGIN ROAD is 76 sq meters (826 sq feet).