£2,765,605
This estimated value is based upon the latest sale price for the house of £1,600,000 on 4 Aug 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Farm Drive
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152 - 160 City Road, CR8 4JE
Phone: 02081663093
| Price Paid | Date |
|---|---|
| £1,600,000 | 4 Aug 2011 |
| £1,500,000 | 2 Oct 2007 |
| Detached |
| Freehold |
| Floor Area: 276 sq meters or 2,976 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 August 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.850%.Applying this 72.850% change to the original purchase price of £1,600,000 results in an estimated price of approximately £2,765,605.
| 4 Aug 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.850 % | £1,600,000 | £1,165,605 | £2,765,605 |
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 | 92.526 % | £1,480,409 | £3,080,409 |
| 3 Month Average | 70.985 % | £1,135,752 | £2,735,752 |
| 6 Month Average | 60.642 % | £970,267 | £2,570,267 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £916,027 | £900,000 | 117 FOXLEY LANE |
| 27 Sep 2023 | £921,786 | £910,000 | 15 UPPER WOODCOTE VILLAGE |
| 17 Aug 2023 | £2,522,064 | £2,500,000 | WOODCOTE GRANGE, 18 WOODCOTE LANE |
| 20 Jul 2022 | £2,807,558 | £2,800,000 | MEDINA GATE BIRCH LANE |
| 14 Jan 2022 | £2,183,747 | £2,075,000 | 1A THE SOUTH BORDER |
This house has a floor area of 276 sq meters or 2,976 sq feet when measured on 10 Jun 2010. Using an estimated price of £2,765,605 means this house is valued at £10,002 per sq meter (£929 per sq foot).
The average size of a house on PROMENADE DE VERDUN is 610 sq meters (6,569 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Under investigation | On or near Farm Drive |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Woodcote Lane |
| Mar 2024 | Burglary | Under investigation | On or near Silver Lane |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Rose Walk |
| Mar 2024 | Burglary | Under investigation | On or near Smitham Bottom Lane |