£631,364
This estimated value is based upon the latest sale price for the house of £395,000 on 15 Jun 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2-3 The Exchange Purley Road, Purley, CR8 2HA
Phone: 02034630116
| Price Paid | Date |
|---|---|
| £395,000 | 15 Jun 2007 |
| Detached |
| Freehold |
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 June 2007 the House Price Index for GREATER LONDON was 93.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.839%.Applying this 59.839% change to the original purchase price of £395,000 results in an estimated price of approximately £631,364.
| 15 Jun 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 149.7 | 59.839 % | £395,000 | £236,364 | £631,364 |
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 | 49.547 % | £195,710 | £590,710 |
| 3 Month Average | 47.567 % | £187,888 | £582,888 |
| 6 Month Average | 65.820 % | £259,988 | £654,988 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £572,623 | £560,000 | 58 NORTHWOOD AVENUE |
| 25 Aug 2023 | £427,714 | £420,000 | 18B HILLSIDE AVENUE |
| 9 Jun 2023 | £545,941 | £535,000 | 25 NORTHWOOD AVENUE |
| 7 Jun 2023 | £484,714 | £475,000 | 41 NORTHWOOD AVENUE |
| 14 Apr 2023 | £489,149 | £480,000 | 43 NORTHWOOD AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Cross Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Cross Road |
| Apr 2024 | Anti-social behaviour | On or near Dale Road |