£385,103
This estimated value is based upon the latest sale price for the house of £314,000 on 15 Nov 2019. 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 |
|---|---|
| £314,000 | 15 Nov 2019 |
| £248,000 | 11 Dec 2013 |
| £248,000 | 11 Dec 2013 |
| £239,995 | 30 Jun 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 November 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £314,000 results in an estimated price of approximately £385,103.
| 15 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £314,000 | £71,103 | £385,103 |
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 | -51.044 % | £-160,279 | £153,720 |
| 3 Month Average | -14.892 % | £-46,761 | £267,238 |
| 6 Month Average | -6.865 % | £-21,556 | £292,443 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £966,918 | £950,000 | 24 PURLEY KNOLL |
| 3 Aug 2022 | £289,221 | £290,000 | 8A TUDOR COURT RUSSELL HILL ROAD |
| 22 Apr 2022 | £978,309 | £950,000 | 15 BANSTEAD ROAD |
| 22 Apr 2022 | £798,094 | £775,000 | 11 BANSTEAD ROAD |
| 22 Apr 2022 | £926,819 | £900,000 | 21 BANSTEAD ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 28 May 2010. Using an estimated price of £385,104 means this house is valued at £5,663 per sq meter (£526 per sq foot).
The average size of a house on BRIGHTON ROAD is 82 sq meters (884 sq feet).