£522,230
This estimated value is based upon the latest sale price for the house of £500,000 on 4 Feb 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1029 London Road, Thornton Heath, CR7 6JF
Phone: 02034630337
| Price Paid | Date |
|---|---|
| £500,000 | 4 Feb 2022 |
| £249,950 | 16 Jan 2014 |
| Terraced |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 February 2022 the House Price Index for GREATER LONDON was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £500,000 results in an estimated price of approximately £522,230.
| 4 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.0 | 4.446 % | £500,000 | £22,230 | £522,230 |
The Postcode Pricing Model uses changes in average sales price within the CR7 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 | 5.736 % | £28,679 | £528,679 |
| 3 Month Average | -9.331 % | £-46,656 | £453,343 |
| 6 Month Average | -0.755 % | £-3,777 | £496,222 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £446,117 | £442,500 | 170 SILVERLEIGH ROAD |
| 12 Jun 2023 | £604,905 | £600,000 | 141 FAIRLANDS AVENUE |
| 27 Jan 2023 | £515,472 | £520,000 | 129 FAIRLANDS AVENUE |
| 17 Aug 2022 | £476,779 | £480,000 | 32 MAYFIELD ROAD |
| 13 Jun 2022 | £460,669 | £456,000 | 231 SILVERLEIGH ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 24 Jan 2013. Using an estimated price of £522,230 means this house is valued at £5,328 per sq meter (£495 per sq foot).
The average size of a house on SILVERLEIGH ROAD is 95 sq meters (1,025 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Silverleigh Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Silverleigh Road |
| Feb 2024 | Other theft | Under investigation | On or near Silverleigh Road |
| Feb 2024 | Anti-social behaviour | On or near Silverleigh Road | |
| Feb 2024 | Anti-social behaviour | On or near Silverleigh Road |