£838,595
This estimated value is based upon the latest sale price for the house of £225,000 on 11 Aug 2000. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4 Russell Parade, Russell Hill Road, Purley, CR8 2LE
Phone: 02080330761
| Price Paid | Date |
|---|---|
| £225,000 | 11 Aug 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 62 sq meters or 667 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 2000 the House Price Index for GREATER LONDON was 40.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 272.709%.Applying this 272.709% change to the original purchase price of £225,000 results in an estimated price of approximately £838,595.
| 11 Aug 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.2 | 149.7 | 272.709 % | £225,000 | £613,595 | £838,595 |
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 | 190.376 % | £428,346 | £653,346 |
| 3 Month Average | 168.714 % | £379,606 | £604,606 |
| 6 Month Average | 192.533 % | £433,198 | £658,198 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £460,000 | £460,000 | FLAT 1 WENTWORTH HOUSE, 22 PURLEY KNOLL |
| 8 Dec 2023 | £980,117 | £950,000 | 24 PURLEY KNOLL |
| 20 Oct 2023 | £140,184 | £137,000 | FLAT 10 REYNARD COURT, 10 FOXLEY LANE |
| 2 Nov 2022 | £452,882 | £455,000 | FLAT 4 WENTWORTH HOUSE, 22 PURLEY KNOLL |
| 28 Oct 2022 | £453,485 | £455,000 | FLAT 3 WENTWORTH HOUSE, 22 PURLEY KNOLL |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 16 Nov 2009. Using an estimated price of £1,178,258 means this house is valued at £18,994 per sq meter (£1,764 per sq foot).
The average size of a house on BANSTEAD ROAD is 131 sq meters (1,419 sq feet).
This house is the smallest in the street with a floor area of 62 sq meters (667 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Banstead Road | |
| Apr 2024 | Anti-social behaviour | On or near Banstead Road | |
| Apr 2024 | Drugs | Under investigation | On or near Banstead Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Banstead Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Banstead Road |