£116,969
This estimated value is based upon the latest sale price for the house of £114,000 on 17 Nov 2023. 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 |
---|---|
£114,000 | 17 Nov 2023 |
£88,000 | 31 Oct 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 59 sq meters or 635 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 November 2023 the House Price Index for GREATER LONDON was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £114,000 results in an estimated price of approximately £116,969.
17 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.9 | 149.7 | 2.605 % | £114,000 | £2,969 | £116,969 |
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 | -34.563 % | £-39,401 | £74,598 |
3 Month Average | -9.159 % | £-10,441 | £103,558 |
6 Month Average | -5.481 % | £-6,248 | £107,751 |
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 |
20 Jan 2023 | £255,683 | £255,000 | 58 MCINTOSH CLOSE |
1 Sep 2022 | £394,736 | £395,000 | 44 HURRICANE ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 1 Feb 2011. Using an estimated price of £116,969 means this house is valued at £1,982 per sq meter (£184 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 | Violence and sexual offences | Under investigation | On or near Mollison Drive |
Apr 2024 | Other theft | Under investigation | On or near Mollison Drive |
Apr 2024 | Public order | 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 |