£1,365,962
This estimated value is based upon the latest sale price for the house of £1,107,500 on 16 Jul 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Purley Knoll
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4 Russell Parade, Russell Hill Road, Purley, CR8 2LE
Phone: 02080330761
| Price Paid | Date |
|---|---|
| £1,107,500 | 16 Jul 2019 |
| Detached |
| Freehold |
| Floor Area: 264 sq meters or 2,841 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 July 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £1,107,500 results in an estimated price of approximately £1,365,962.
| 16 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £1,107,500 | £258,462 | £1,365,962 |
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 | 30.944 % | £342,703 | £1,450,203 |
| 3 Month Average | 3.078 % | £34,088 | £1,141,588 |
| 6 Month Average | 15.314 % | £169,603 | £1,277,103 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £966,918 | £950,000 | 24 PURLEY KNOLL |
| 22 Aug 2022 | £528,577 | £530,000 | FLAT 8 KINGSBRIDGE COURT, 1 WOODCOTE VALLEY ROAD |
| 27 May 2022 | £1,029,396 | £1,010,000 | 6 PURLEY RISE |
| 7 Dec 2021 | £1,312,437 | £1,225,000 | 5 WOODCOTE VALLEY ROAD |
| 12 Nov 2021 | £43,470 | £40,194 | 1 WOODCOTE VALLEY ROAD |
This house has a floor area of 264 sq meters or 2,841 sq feet when measured on 9 May 2019. Using an estimated price of £1,365,962 means this house is valued at £5,174 per sq meter (£480 per sq foot).
The average size of a house on BOX RIDGE AVENUE is 223 sq meters (2,406 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Purley Knoll |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Purley Knoll |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Hill Road |
| Jan 2024 | Anti-social behaviour | On or near Banstead Road | |
| Jan 2024 | Anti-social behaviour | On or near Banstead Road |