£308,553
This estimated value is based upon the latest sale price for the house of £210,000 on 24 Apr 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Airport House, Purley Way, CR0 0XZ
Phone: 02080332515
| Price Paid | Date |
|---|---|
| £210,000 | 24 Apr 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 87 sq meters or 936 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 April 2015 the House Price Index for GREATER LONDON was 101.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 46.930%.Applying this 46.930% change to the original purchase price of £210,000 results in an estimated price of approximately £308,553.
| 24 Apr 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 101.1 | 148.6 | 46.930 % | £210,000 | £98,553 | £308,553 |
The Postcode Pricing Model uses changes in average sales price within the SM6 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 | 109.668 % | £230,302 | £440,302 |
| 3 Month Average | 43.086 % | £90,480 | £300,480 |
| 6 Month Average | 32.585 % | £68,429 | £278,429 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Sep 2023 | £324,974 | £320,819 | 7 BRACKLEY CLOSE |
| 16 Mar 2023 | £408,852 | £405,000 | FLAT 1 ROBINA COURT, 48A MOLLISON DRIVE |
| 20 Jan 2023 | £253,804 | £255,000 | 58 MCINTOSH CLOSE |
| 30 Nov 2021 | £140,597 | £130,000 | 9 AVRO WAY |
| 29 Nov 2021 | £481,274 | £445,000 | 34 DAIMLER WAY |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 29 Jul 2014. Using an estimated price of £308,554 means this house is valued at £3,546 per sq meter (£329 per sq foot).
The average size of a house on DOUGLAS CLOSE is 98 sq meters (1,064 sq feet).