£599,533
This estimated value is based upon the latest sale price for the house of £500,000 on 29 Aug 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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8 The Forestdale Centre, Featherbed Lane, Croydon, CR0 9AS
Phone: 02034783503
| Price Paid | Date |
|---|---|
| £500,000 | 29 Aug 2020 |
| Detached |
| Freehold |
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 2020 the House Price Index for GREATER LONDON was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £500,000 results in an estimated price of approximately £599,533.
| 29 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £500,000 | £99,533 | £599,533 |
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 | -18.310 % | £-91,552 | £408,447 |
| 3 Month Average | -5.528 % | £-27,640 | £472,359 |
| 6 Month Average | -2.730 % | £-13,652 | £486,347 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £463,868 | £457,000 | 17 BOUNDARY WAY |
| 3 Oct 2022 | £233,486 | £236,000 | 240 SHRUBLANDS AVENUE |
| 27 Jul 2022 | £296,799 | £296,000 | FLAT 11 NEW PLACE ADDINGTON VILLAGE ROAD |
| 21 Apr 2022 | £966,981 | £939,000 | BEECHWOOD BRIDLE WAY |
| 30 Mar 2022 | £243,522 | £235,000 | 186 SHRUBLANDS AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Boundary Way | |
| Jan 2024 | Anti-social behaviour | On or near Boundary Way | |
| Jan 2024 | Anti-social behaviour | On or near Boundary Way | |
| Jan 2024 | Burglary | Under investigation | On or near Roxton Gardens |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Roxton Gardens |