£498,274
This estimated value is based upon the latest sale price for the house of £184,950 on 26 Sep 2002. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Southbridge House, Southbridge Place, Croydon, CR0 4HZ
Phone: 02081289197
Price Paid | Date |
---|---|
£184,950 | 26 Sep 2002 |
£60,000 | 26 Feb 1996 |
Terraced |
Freehold |
Floor Area: 97 sq meters or 1,044 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 September 2002 the House Price Index for GREATER LONDON was 55.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 169.411%.Applying this 169.411% change to the original purchase price of £184,950 results in an estimated price of approximately £498,274.
26 Sep 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
55.2 | 148.6 | 169.411 % | £184,950 | £313,324 | £498,274 |
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 | 152.163 % | £281,425 | £466,375 |
3 Month Average | 125.378 % | £231,885 | £416,835 |
6 Month Average | 132.289 % | £244,667 | £429,617 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £212,865 | £210,000 | FLAT 15 BRADLEY COURT, 104 DENNING AVENUE |
27 Feb 2023 | £274,815 | £275,000 | 11 FERNLEIGH CLOSE |
27 Jan 2023 | £641,976 | £645,000 | 61 STAFFORD ROAD |
4 Feb 2022 | £446,744 | £426,000 | 65 STAFFORD ROAD |
18 Oct 2021 | £285,471 | £258,000 | 1 STAFFORD COURT STAFFORD ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 5 Jul 2021. Using an estimated price of £498,275 means this house is valued at £5,136 per sq meter (£477 per sq foot).
The average size of a house on STAFFORD ROAD is 71 sq meters (769 sq feet).