£498,814
This estimated value is based upon the latest sale price for the house of £276,400 on 24 Aug 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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50 Lower Addiscombe Road, Croydon, CR0 6AA
Phone: 02081667276
| Price Paid | Date |
|---|---|
| £276,400 | 24 Aug 2009 |
| £204,200 | 25 Jul 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 August 2009 the House Price Index for GREATER LONDON was 82.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.468%.Applying this 80.468% change to the original purchase price of £276,400 results in an estimated price of approximately £498,814.
| 24 Aug 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 148.6 | 80.468 % | £276,400 | £222,414 | £498,814 |
The Postcode Pricing Model uses changes in average sales price within the CR0 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 | 47.009 % | £129,932 | £406,332 |
| 3 Month Average | 87.440 % | £241,683 | £518,083 |
| 6 Month Average | 83.279 % | £230,182 | £506,582 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £529,633 | £525,000 | 32 OVAL ROAD |
| 4 Jul 2023 | £338,557 | £334,000 | 44A OVAL ROAD |
| 2 Feb 2023 | £614,586 | £615,000 | 184 OVAL ROAD |
| 11 Jan 2023 | £522,539 | £525,000 | 186 OVAL ROAD |
| 14 Apr 2022 | £525,198 | £510,000 | 168 OVAL ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 8 Oct 2021. Using an estimated price of £498,815 means this house is valued at £5,038 per sq meter (£468 per sq foot).
The average size of a house on CEDAR ROAD is 93 sq meters (1,010 sq feet).