£410,837
This estimated value is based upon the latest sale price for the house of £90,500 on 15 Jan 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1029 London Road, Thornton Heath, CR7 6JF
Phone: 02034630337
| Price Paid | Date |
|---|---|
| £90,500 | 15 Jan 1999 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 January 1999 the House Price Index for GREATER LONDON was 32.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 353.964%.Applying this 353.964% change to the original purchase price of £90,500 results in an estimated price of approximately £410,837.
| 15 Jan 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.7 | 148.6 | 353.964 % | £90,500 | £320,337 | £410,837 |
The Postcode Pricing Model uses changes in average sales price within the CR7 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 | 398.417 % | £360,567 | £451,067 |
| 3 Month Average | 227.869 % | £206,221 | £296,721 |
| 6 Month Average | 288.271 % | £260,885 | £351,385 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2023 | £481,480 | £475,000 | 226 MELFORT ROAD |
| 17 Mar 2023 | £213,310 | £211,300 | 244 MELFORT ROAD |
| 16 Dec 2021 | £332,127 | £310,000 | 158 NORBURY AVENUE |
| 8 Oct 2021 | £474,679 | £429,000 | 108 NORBURY AVENUE |
| 27 Aug 2021 | £541,074 | £485,000 | 246 MELFORT ROAD |
This house has a floor area of 84 sq meters or 904 sq feet when measured on 18 Sep 2018. Using an estimated price of £410,837 means this house is valued at £4,890 per sq meter (£454 per sq foot).
The average size of a house on NORBURY AVENUE is 80 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Camden Way |