£507,749
This estimated value is based upon the latest sale price for the house of £411,000 on 25 Oct 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 Lomond Gardens
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8 The Forestdale Centre, Featherbed Lane, Croydon, CR0 9AS
Phone: 02034783503
| Price Paid | Date |
|---|---|
| £411,000 | 25 Oct 2019 |
| £107,000 | 13 Oct 1995 |
| Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 October 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £411,000 results in an estimated price of approximately £507,749.
| 25 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £411,000 | £96,749 | £507,749 |
The Postcode Pricing Model uses changes in average sales price within the CR2 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 | 29.095 % | £119,582 | £530,582 |
| 3 Month Average | 18.402 % | £75,633 | £486,633 |
| 6 Month Average | 5.791 % | £23,802 | £434,802 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £567,436 | £550,000 | 25 FARNBOROUGH CRESCENT |
| 10 Nov 2023 | £384,767 | £375,000 | 38 LOMOND GARDENS |
| 29 Jun 2023 | £387,771 | £380,000 | 72 LOMOND GARDENS |
| 3 Apr 2023 | £387,243 | £380,000 | 50 FARNBOROUGH AVENUE |
| 29 Jun 2022 | £643,761 | £630,000 | 21 FARNBOROUGH CRESCENT |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 27 Mar 2019. Using an estimated price of £507,750 means this house is valued at £5,973 per sq meter (£554 per sq foot).
The average size of a house on LOMOND GARDENS is 69 sq meters (744 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Under investigation | On or near Lomond Gardens |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lomond Gardens |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Lomond Gardens |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lomond Gardens |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Farnborough Avenue |