£348,857
This estimated value is based upon the latest sale price for the house of £220,000 on 28 Mar 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1057 London Road, Thornton Heath, CR7 6JG
Phone: 02077682327
Price Paid | Date |
---|---|
£220,000 | 28 Mar 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 62 sq meters or 667 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 2014 the House Price Index for GREATER LONDON was 94.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 58.571%.Applying this 58.571% change to the original purchase price of £220,000 results in an estimated price of approximately £348,857.
28 Mar 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
94.4 | 149.7 | 58.571 % | £220,000 | £128,857 | £348,857 |
The Postcode Pricing Model uses changes in average sales price within the SW16 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 | 56.774 % | £124,903 | £344,903 |
3 Month Average | 58.405 % | £128,491 | £348,491 |
6 Month Average | 56.586 % | £124,488 | £344,488 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Feb 2023 | £619,136 | £615,000 | 7 DUNBAR AVENUE |
8 Nov 2022 | £646,975 | £650,000 | 20 EDERLINE AVENUE |
22 Jul 2022 | £570,719 | £565,000 | 44 DUNBAR AVENUE |
20 Apr 2022 | £622,453 | £600,000 | 86 EDERLINE AVENUE |
4 Apr 2022 | £473,064 | £456,000 | 66 DUNBAR AVENUE |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 25 Feb 2014. Using an estimated price of £348,857 means this house is valued at £5,626 per sq meter (£522 per sq foot).
The average size of a house on EDERLINE AVENUE is 136 sq meters (1,474 sq feet).