£391,465
This estimated value is based upon the latest sale price for the house of £248,000 on 15 Feb 2008. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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49 Lower Addiscombe,, CR0 6PQ
Phone: 02081667682
| Price Paid | Date |
|---|---|
| £248,000 | 15 Feb 2008 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2008 the House Price Index for GREATER LONDON was 94.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.849%.Applying this 57.849% change to the original purchase price of £248,000 results in an estimated price of approximately £391,465.
| 15 Feb 2008 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.8 | 149.7 | 57.849 % | £248,000 | £143,465 | £391,465 |
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 | 65.961 % | £163,583 | £411,583 |
| 3 Month Average | 69.667 % | £172,773 | £420,773 |
| 6 Month Average | 63.577 % | £157,669 | £405,669 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2023 | £458,577 | £450,000 | 49 EDWARD ROAD |
| 6 Jan 2023 | £454,214 | £453,000 | 220 DAVIDSON ROAD |
| 31 Oct 2022 | £473,419 | £475,000 | 238 DAVIDSON ROAD |
| 8 Apr 2022 | £380,734 | £367,000 | 3 EDWARD ROAD |
| 13 Aug 2021 | £405,999 | £361,250 | 266 DAVIDSON ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 2 Dec 2013. Using an estimated price of £391,466 means this house is valued at £4,773 per sq meter (£443 per sq foot).
The average size of a house on DAVIDSON ROAD is 85 sq meters (923 sq feet).