£491,616
This estimated value is based upon the latest sale price for the house of £485,000 on 12 Jul 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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50 Lower Addiscombe Road, Croydon, CR0 6AA
Phone: 02081667276
| Price Paid | Date |
|---|---|
| £485,000 | 12 Jul 2023 |
| £265,000 | 3 May 2011 |
| £77,000 | 25 Jul 1995 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 July 2023 the House Price Index for GREATER LONDON was 146.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.364%.Applying this 1.364% change to the original purchase price of £485,000 results in an estimated price of approximately £491,616.
| 12 Jul 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.6 | 148.6 | 1.364 % | £485,000 | £6,616 | £491,616 |
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 | -17.473 % | £-84,744 | £400,255 |
| 3 Month Average | -12.744 % | £-61,807 | £423,192 |
| 6 Month Average | -9.410 % | £-45,639 | £439,360 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2023 | £491,617 | £485,000 | 18 TURNPIKE LINK |
| 17 Mar 2023 | £375,538 | £372,000 | 57 TURNPIKE LINK |
| 24 Jan 2023 | £369,261 | £371,000 | 213 TURNPIKE LINK |
| 1 Nov 2021 | £616,463 | £570,000 | 62 TURNPIKE LINK |
| 30 Jun 2021 | £373,378 | £348,000 | 141 TURNPIKE LINK |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 28 Jan 2015. Using an estimated price of £491,617 means this house is valued at £6,069 per sq meter (£563 per sq foot).
The average size of a house on TURNPIKE LINK is 88 sq meters (950 sq feet).