£605,504
This estimated value is based upon the latest sale price for the house of £325,000 on 8 May 2009. 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 |
---|---|
£325,000 | 8 May 2009 |
Semi-Detached |
Freehold |
Floor Area: 145 sq meters or 1,569 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 May 2009 the House Price Index for GREATER LONDON was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.309%.Applying this 86.309% change to the original purchase price of £325,000 results in an estimated price of approximately £605,504.
8 May 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.4 | 149.7 | 86.309 % | £325,000 | £280,504 | £605,504 |
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 | 52.756 % | £171,457 | £496,457 |
3 Month Average | 87.479 % | £284,306 | £609,306 |
6 Month Average | 97.095 % | £315,557 | £640,557 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Nov 2023 | £116,969 | £114,000 | FLAT 18 40 MOLLISON DRIVE |
20 Sep 2023 | £328,051 | £320,819 | 7 BRACKLEY CLOSE |
16 Mar 2023 | £411,878 | £405,000 | FLAT 1 ROBINA COURT, 48A MOLLISON DRIVE |
3 Mar 2023 | £762,738 | £750,000 | 46 LINK LANE |
20 Jan 2023 | £255,683 | £255,000 | 58 MCINTOSH CLOSE |
This house has a floor area of 145 sq meters or 1,569 sq feet when measured on 5 Mar 2009. Using an estimated price of £605,505 means this house is valued at £4,151 per sq meter (£385 per sq foot).
The average size of a house on MOLLISON DRIVE is 90 sq meters (976 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Douglas Close | |
Apr 2024 | Vehicle crime | Under investigation | On or near Douglas Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Douglas Close |
Apr 2024 | Anti-social behaviour | On or near Douglas Close | |
Apr 2024 | Anti-social behaviour | On or near Douglas Close |