£556,606
This estimated value is based upon the latest sale price for the house of £450,000 on 30 Aug 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2-3 The Exchange Purley Road, Purley, CR8 2HA
Phone: 02034630116
| Price Paid | Date |
|---|---|
| £450,000 | 30 Aug 2018 |
| Detached |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 August 2018 the House Price Index for GREATER LONDON was 120.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.690%.Applying this 23.690% change to the original purchase price of £450,000 results in an estimated price of approximately £556,606.
| 30 Aug 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.6 | 23.690 % | £450,000 | £106,606 | £556,606 |
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 | -39.772 % | £-178,972 | £271,027 |
| 3 Month Average | -6.341 % | £-28,535 | £421,464 |
| 6 Month Average | 2.738 % | £12,319 | £462,319 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £663,936 | £655,000 | 56 HIGHER DRIVE |
| 27 Jul 2023 | £106,432 | £105,000 | 2 BYRNE COURT, 5 FOXLEY HILL ROAD |
| 31 Jan 2023 | £646,952 | £650,000 | 11 FOXLEY HILL ROAD |
| 28 Jun 2022 | £798,788 | £787,500 | 13 DALE ROAD |
| 4 May 2022 | £815,364 | £800,000 | 12 DALE ROAD |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 10 Jan 2018. Using an estimated price of £556,607 means this house is valued at £5,153 per sq meter (£478 per sq foot).
The average size of a house on OLDEN LANE is 119 sq meters (1,290 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Olden Lane |
| Dec 2023 | Anti-social behaviour | On or near Olden Lane | |
| Dec 2023 | Anti-social behaviour | On or near Olden Lane | |
| Dec 2023 | Anti-social behaviour | On or near Olden Lane | |
| Dec 2023 | Anti-social behaviour | On or near Olden Lane |