£648,164
This estimated value is based upon the latest sale price for the house of £500,000 on 15 May 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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152 - 160 City Road, CR8 4JE
Phone: 02081663093
| Price Paid | Date |
|---|---|
| £500,000 | 15 May 2017 |
| Detached |
| Freehold |
| Floor Area: 118 sq meters or 1,270 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 2017 the House Price Index for GREATER LONDON was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £500,000 results in an estimated price of approximately £648,164.
| 15 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £500,000 | £148,164 | £648,164 |
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 | 6.642 % | £33,209 | £533,209 |
| 3 Month Average | 16.603 % | £83,013 | £583,013 |
| 6 Month Average | 19.174 % | £95,871 | £595,871 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Jun 2023 | £585,738 | £574,000 | 190 BRIGHTON ROAD |
| 13 Jan 2023 | £651,741 | £650,000 | 144 BRIGHTON ROAD |
| 18 Nov 2022 | £632,045 | £635,000 | 5 MILESTONE DRIVE |
| 8 Apr 2022 | £145,239 | £140,000 | FLAT 6 BURLINGTON HOUSE, 163 BRIGHTON ROAD |
| 28 Mar 2022 | £589,822 | £565,000 | 153 BRIGHTON ROAD |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 8 Jun 2016. Using an estimated price of £648,164 means this house is valued at £5,492 per sq meter (£510 per sq foot).
The average size of a house on BRIGHTON ROAD is 82 sq meters (884 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Downlands Road |
| Apr 2024 | Other theft | Under investigation | On or near Downlands Road |