£324,255
This estimated value is based upon the latest sale price for the house of £196,000 on 31 Jan 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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49 Lower Addiscombe,, CR0 6PQ
Phone: 02081667682
| Price Paid | Date |
|---|---|
| £196,000 | 31 Jan 2007 |
| £143,950 | 12 Jul 2002 |
| £63,000 | 22 Sep 1997 |
| Terraced |
| Freehold |
| Floor Area: 59 sq meters or 635 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 January 2007 the House Price Index for GREATER LONDON was 90.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.436%.Applying this 65.436% change to the original purchase price of £196,000 results in an estimated price of approximately £324,255.
| 31 Jan 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 90.5 | 149.7 | 65.436 % | £196,000 | £128,255 | £324,255 |
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 | 71.902 % | £140,927 | £336,927 |
| 3 Month Average | 78.750 % | £154,349 | £350,349 |
| 6 Month Average | 77.587 % | £152,069 | £348,069 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £411,320 | £405,000 | 231 GLOUCESTER ROAD |
| 2 Nov 2023 | £385,280 | £375,500 | 3 OWEN CLOSE |
| 10 Aug 2023 | £366,612 | £360,000 | 205 GLOUCESTER ROAD |
| 31 Mar 2023 | £238,991 | £235,000 | 8A SELHURST ROAD |
| 3 Feb 2023 | £412,757 | £410,000 | 184B GLOUCESTER ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 14 Dec 2015. Using an estimated price of £324,255 means this house is valued at £5,495 per sq meter (£510 per sq foot).
The average size of a house on GLOUCESTER ROAD is 75 sq meters (814 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Owen Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Owen Close |
| Apr 2024 | Robbery | Under investigation | On or near Owen Close |