£349,887
This estimated value is based upon the latest sale price for the house of £235,000 on 6 Feb 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
Airport House, Purley Way, CR0 0XZ
Phone: 02080332515
| Price Paid | Date |
|---|---|
| £235,000 | 6 Feb 2015 |
| £157,000 | 27 Aug 2010 |
| £155,150 | 3 May 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 85 sq meters or 918 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 February 2015 the House Price Index for GREATER LONDON was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £235,000 results in an estimated price of approximately £349,887.
| 6 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.5 | 149.7 | 48.888 % | £235,000 | £114,887 | £349,887 |
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 | 2.066 % | £4,854 | £239,854 |
| 3 Month Average | 23.697 % | £55,686 | £290,686 |
| 6 Month Average | 32.599 % | £76,607 | £311,607 |
| 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 |
| 30 Nov 2021 | £141,638 | £130,000 | 9 AVRO WAY |
This house has a floor area of 85 sq meters or 918 sq feet when measured on 23 Apr 2010. Using an estimated price of £349,887 means this house is valued at £4,098 per sq meter (£380 per sq foot).
The average size of a house on DOUGLAS CLOSE is 98 sq meters (1,064 sq feet).