£333,591
This estimated value is based upon the latest sale price for the house of £270,000 on 29 Nov 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
1057 London Road, Thornton Heath, CR7 6JG
Phone: 02077682327
| Price Paid | Date |
|---|---|
| £270,000 | 29 Nov 2019 |
| £50,950 | 19 Jun 1997 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £270,000 results in an estimated price of approximately £333,591.
| 29 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £270,000 | £63,591 | £333,591 |
The Postcode Pricing Model uses changes in average sales price within the CR4 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 | -10.801 % | £-29,161 | £240,838 |
| 3 Month Average | 0.919 % | £2,481 | £272,481 |
| 6 Month Average | 3.081 % | £8,318 | £278,318 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £390,000 | £390,000 | 42 MONTGOMERY CLOSE |
| 19 Oct 2023 | £404,180 | £395,000 | 180 GALPINS ROAD |
| 29 Aug 2023 | £493,908 | £485,000 | 158 GALPINS ROAD |
| 21 Oct 2022 | £398,668 | £400,000 | 84 LINDSEY CLOSE |
| 17 Jan 2022 | £371,069 | £350,000 | 41 MONTGOMERY CLOSE |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 3 Aug 2015. Using an estimated price of £333,592 means this house is valued at £4,569 per sq meter (£424 per sq foot).
The average size of a house on MONMOUTH CLOSE is 92 sq meters (991 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Montgomery Close |