£1,038,010
This estimated value is based upon the latest sale price for the house of £750,000 on 10 Dec 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
4 Russell Parade, Russell Hill Road, Purley, CR8 2LE
Phone: 02080330761
Price Paid | Date |
---|---|
£750,000 | 10 Dec 2015 |
Detached |
Freehold |
Floor Area: 207 sq meters or 2,228 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 December 2015 the House Price Index for GREATER LONDON was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £750,000 results in an estimated price of approximately £1,038,010.
10 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
107.4 | 148.6 | 38.401 % | £750,000 | £288,010 | £1,038,010 |
The Postcode Pricing Model uses changes in average sales price within the CR8 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 | 41.540 % | £311,548 | £1,061,548 |
3 Month Average | 9.528 % | £71,457 | £821,457 |
6 Month Average | 20.669 % | £155,017 | £905,017 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £973,517 | £965,000 | 5 HILLCREST ROAD |
20 Jul 2023 | £957,892 | £945,000 | 54 HIGHFIELD ROAD |
15 Jun 2023 | £931,281 | £920,000 | 52 HILLCREST ROAD |
1 Mar 2023 | £1,478,933 | £1,465,000 | 35 HILLCREST ROAD |
18 Oct 2022 | £519,407 | £525,000 | FLAT 7 55 HILLCREST ROAD |
This house has a floor area of 207 sq meters or 2,228 sq feet when measured on 30 Jun 2015. Using an estimated price of £1,038,010 means this house is valued at £5,014 per sq meter (£465 per sq foot).
The average size of a house on HILLCREST ROAD is 211 sq meters (2,273 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Hillcrest Road |
Jan 2024 | Robbery | Under investigation | On or near Highfield Road |