£1,572,374
This estimated value is based upon the latest sale price for the house of £425,000 on 3 Aug 2000. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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12a Station Approach, Sanderstead Road, Sanderstead, CR2 0PL
Phone: 02081667275
| Price Paid | Date |
|---|---|
| £425,000 | 3 Aug 2000 |
| £250,000 | 25 Sep 1998 |
| Detached |
| Freehold |
| Floor Area: 234 sq meters or 2,518 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 2000 the House Price Index for GREATER LONDON was 40.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 269.970%.Applying this 269.970% change to the original purchase price of £425,000 results in an estimated price of approximately £1,572,374.
| 3 Aug 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.2 | 148.6 | 269.970 % | £425,000 | £1,147,374 | £1,572,374 |
The Postcode Pricing Model uses changes in average sales price within the CR2 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 | 136.601 % | £580,552 | £1,005,552 |
| 3 Month Average | 163.761 % | £695,985 | £1,120,985 |
| 6 Month Average | 194.586 % | £826,988 | £1,251,988 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £202,590 | £200,000 | FLAT 7 9 WETTERN CLOSE |
| 1 Sep 2023 | £275,523 | £272,000 | FLAT 5 9 WETTERN CLOSE |
| 3 Jul 2023 | £425,730 | £420,000 | FLAT 1 NORCOT SANDERSTEAD ROAD |
| 8 Jun 2023 | £1,047,691 | £1,035,000 | BRAESIDE, 240 SANDERSTEAD ROAD |
| 16 Mar 2023 | £928,750 | £920,000 | MERRIMENTS EAST HILL |
This house has a floor area of 234 sq meters or 2,518 sq feet when measured on 19 Apr 2017. Using an estimated price of £1,572,374 means this house is valued at £6,719 per sq meter (£624 per sq foot).
The average size of a house on SANDERSTEAD ROAD is 77 sq meters (839 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Chynham Place | |
| Jan 2024 | Anti-social behaviour | On or near Chynham Place | |
| Jan 2024 | Anti-social behaviour | On or near Chynham Place | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near The Ridge Way |
| Dec 2023 | Anti-social behaviour | On or near Kirkly Close |