£434,929
This estimated value is based upon the latest sale price for the house of £344,000 on 26 Jan 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4 Russell Parade, Russell Hill Road, Purley, CR8 2LE
Phone: 02080330761
| Price Paid | Date |
|---|---|
| £344,000 | 26 Jan 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 143 sq meters or 1,539 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 2018 the House Price Index for GREATER LONDON was 118.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.433%.Applying this 26.433% change to the original purchase price of £344,000 results in an estimated price of approximately £434,929.
| 26 Jan 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.4 | 149.7 | 26.433 % | £344,000 | £90,929 | £434,929 |
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 | -6.529 % | £-22,458 | £321,541 |
| 3 Month Average | -24.693 % | £-84,944 | £259,055 |
| 6 Month Average | -10.134 % | £-34,860 | £309,139 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £1,360,909 | £1,340,000 | 33B FOXLEY LANE |
| 21 Dec 2023 | £309,511 | £300,000 | FLAT 3 PEARL GATES COURT, 61 FOXLEY LANE |
| 21 Dec 2023 | £361,096 | £350,000 | FLAT 8 PEARL GATES COURT, 61 FOXLEY LANE |
| 21 Dec 2023 | £361,096 | £350,000 | FLAT 7 PEARL GATES COURT, 61 FOXLEY LANE |
| 21 Dec 2023 | £309,511 | £300,000 | FLAT 6 PEARL GATES COURT, 61 FOXLEY LANE |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 26 Jan 2017. Using an estimated price of £434,930 means this house is valued at £3,041 per sq meter (£282 per sq foot).
The average size of a house on PLOUGH LANE is 144 sq meters (1,550 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Russell Hill |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Highbarrow Close |
| Oct 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Furze Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Furze Lane |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Furze Lane |