£494,653
This estimated value is based upon the latest sale price for the house of £397,500 on 20 Feb 2019. 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 |
---|---|
£397,500 | 20 Feb 2019 |
£395,000 | 18 Nov 2016 |
Flats/Maisonettes |
Leasehold |
Floor Area: 64 sq meters or 688 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 February 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £397,500 results in an estimated price of approximately £494,653.
20 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.441 % | £397,500 | £97,153 | £494,653 |
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 | 13.994 % | £55,627 | £453,127 |
3 Month Average | 9.787 % | £38,905 | £436,405 |
6 Month Average | 12.754 % | £50,697 | £448,197 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Mar 2024 | £195,504 | £192,500 | FLAT 33 SANTINA APARTMENTS, 45 CHERRY ORCHARD ROAD |
8 Mar 2024 | £289,447 | £285,000 | FLAT 29 SANTINA APARTMENTS, 45 CHERRY ORCHARD ROAD |
13 Oct 2023 | £369,390 | £361,000 | FLAT 14 MARASCHINO APARTMENTS, 47 CHERRY ORCHARD ROAD |
17 Feb 2023 | £371,482 | £369,000 | FLAT 31 SANTINA APARTMENTS, 45 CHERRY ORCHARD ROAD |
19 Aug 2022 | £452,114 | £450,000 | FLAT 90 SANTINA APARTMENTS, 45 CHERRY ORCHARD ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 16 Sep 2016. Using an estimated price of £494,654 means this house is valued at £7,728 per sq meter (£718 per sq foot).
The average size of a house on CHERRY ORCHARD ROAD is 65 sq meters (702 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Cherry Orchard Road | |
Apr 2024 | Anti-social behaviour | On or near Cherry Orchard Road | |
Apr 2024 | Anti-social behaviour | On or near Cherry Orchard Road | |
Apr 2024 | Anti-social behaviour | On or near Cherry Orchard Road | |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Cherry Orchard Road |