£250,405
This estimated value is based upon the latest sale price for the house of £148,500 on 21 Mar 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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76 Southbridge Road, Croydon, CR0 1AE
Phone: 02035442570
Price Paid | Date |
---|---|
£148,500 | 21 Mar 2013 |
£152,000 | 17 Feb 2006 |
£53,000 | 30 Jun 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 March 2013 the House Price Index for GREATER LONDON was 88.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 68.623%.Applying this 68.623% change to the original purchase price of £148,500 results in an estimated price of approximately £250,405.
21 Mar 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.8 | 149.7 | 68.623 % | £148,500 | £101,905 | £250,405 |
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 | 66.215 % | £98,329 | £246,829 |
3 Month Average | 73.457 % | £109,083 | £257,583 |
6 Month Average | 70.807 % | £105,147 | £253,647 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Mar 2024 | £188,902 | £186,000 | 15 LUDFORD CLOSE |
7 Dec 2023 | £361,096 | £350,000 | 24 BOROUGH HILL |
27 Nov 2023 | £497,632 | £485,000 | 27 WARRINGTON ROAD |
27 Oct 2023 | £204,648 | £200,000 | 11 LUDFORD CLOSE |
2 Oct 2023 | £204,648 | £200,000 | 3 LUDFORD CLOSE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 27 Jul 2021. Using an estimated price of £250,406 means this house is valued at £4,724 per sq meter (£438 per sq foot).
The average size of a house on LUDFORD CLOSE is 45 sq meters (490 sq feet).