£371,463
This estimated value is based upon the latest sale price for the house of £207,500 on 13 Feb 2006. 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 |
|---|---|
| £207,500 | 13 Feb 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 77 sq meters or 828 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 2006 the House Price Index for GREATER LONDON was 83.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.018%.Applying this 79.018% change to the original purchase price of £207,500 results in an estimated price of approximately £371,463.
| 13 Feb 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 83.6 | 149.7 | 79.018 % | £207,500 | £163,963 | £371,463 |
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 | 89.770 % | £186,273 | £393,773 |
| 3 Month Average | 95.631 % | £198,433 | £405,933 |
| 6 Month Average | 91.904 % | £190,700 | £398,200 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £464,266 | £450,000 | 49 CHEPSTOW RISE |
| 27 Nov 2023 | £220,600 | £215,000 | 6 FLEETWOOD CLOSE |
| 20 Nov 2023 | £400,158 | £390,000 | 23 CHEPSTOW RISE |
| 23 Aug 2023 | £285,143 | £280,000 | 38 FLEETWOOD CLOSE |
| 2 Aug 2022 | £366,715 | £365,000 | FLAT 6 SISKIN COURT, 8 CHEPSTOW ROAD |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 2 May 2013. Using an estimated price of £371,463 means this house is valued at £4,824 per sq meter (£448 per sq foot).
The average size of a house on CHEPSTOW RISE is 90 sq meters (975 sq feet).