£338,891
This estimated value is based upon the latest sale price for the house of £59,950 on 2 May 1996. 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 |
|---|---|
| £59,950 | 2 May 1996 |
| £57,000 | 5 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 134 sq meters or 1,442 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 May 1996 the House Price Index for GREATER LONDON was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 465.290%.Applying this 465.290% change to the original purchase price of £59,950 results in an estimated price of approximately £338,891.
| 2 May 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 149.7 | 465.290 % | £59,950 | £278,941 | £338,891 |
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 | 342.139 % | £205,112 | £265,062 |
| 3 Month Average | 375.261 % | £224,968 | £284,918 |
| 6 Month Average | 393.742 % | £236,048 | £295,998 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £523,073 | £507,000 | 31 LEANDER ROAD |
| 3 Nov 2023 | £482,241 | £470,000 | 56 HEADCORN ROAD |
| 4 Aug 2023 | £488,816 | £480,000 | 51 HEADCORN ROAD |
| 26 Jun 2023 | £459,202 | £450,000 | 26 REDFORD AVENUE |
| 10 Dec 2021 | £539,654 | £500,000 | 12 LEANDER ROAD |
This house has a floor area of 134 sq meters or 1,442 sq feet when measured on 28 May 2014. Using an estimated price of £338,891 means this house is valued at £2,529 per sq meter (£234 per sq foot).
The average size of a house on LEANDER ROAD is 119 sq meters (1,283 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Leander Road |