£317,957
This estimated value is based upon the latest sale price for the house of £275,000 on 30 Dec 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Bingham Corner, Lower Addiscombe Road, Croydon, CR0 7AA
Phone: 02080332299
Price Paid | Date |
---|---|
£275,000 | 30 Dec 2020 |
Flats/Maisonettes |
Leasehold |
Floor Area: 55 sq meters or 592 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 December 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £275,000 results in an estimated price of approximately £317,957.
30 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 149.7 | 15.621 % | £275,000 | £42,957 | £317,957 |
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 | -6.961 % | £-19,142 | £255,857 |
3 Month Average | 1.239 % | £3,407 | £278,407 |
6 Month Average | 0.083 % | £227 | £275,227 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Jun 2024 | £280,000 | £280,000 | 196 LOWER ADDISCOMBE ROAD |
2 Apr 2024 | £146,270 | £145,000 | 245B LOWER ADDISCOMBE ROAD |
6 Apr 2023 | £217,936 | £213,860 | FLAT 19 MILDRED COURT, 26 BINGHAM ROAD |
30 Mar 2023 | £404,251 | £397,500 | FIRST AND SECOND FLOOR MAISONETTE 19 COLWORTH ROAD |
9 Jan 2023 | £290,777 | £290,000 | 273 LOWER ADDISCOMBE ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 18 Sep 2018. Using an estimated price of £317,958 means this house is valued at £5,781 per sq meter (£537 per sq foot).
The average size of a house on COLWORTH ROAD is 64 sq meters (696 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Colworth Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Claremont Road |
Apr 2024 | Shoplifting | Under investigation | On or near Pavement Square |
Apr 2024 | Shoplifting | Under investigation | On or near Pavement Square |
Apr 2024 | Drugs | Under investigation | On or near Pavement Square |