£400,717
This estimated value is based upon the latest sale price for the house of £116,000 on 30 Mar 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1 Bingham Corner, Lower Addiscombe Road, Croydon, CR0 7AA
Phone: 02080332299
| Price Paid | Date |
|---|---|
| £116,000 | 30 Mar 2001 |
| £78,000 | 12 Aug 1999 |
| £59,800 | 30 Apr 1998 |
| Terraced |
| Leasehold |
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 March 2001 the House Price Index for GREATER LONDON was 42.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 245.446%.Applying this 245.446% change to the original purchase price of £116,000 results in an estimated price of approximately £400,717.
| 30 Mar 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 42.5 | 146.7 | 245.446 % | £116,000 | £284,717 | £400,717 |
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 | 233.276 % | £270,599 | £386,599 |
| 3 Month Average | 205.907 % | £238,852 | £354,852 |
| 6 Month Average | 211.205 % | £244,997 | £360,997 |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Colworth Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Colworth Road |
| Dec 2023 | Robbery | Under investigation | On or near Colworth Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Ashling Road |
| Jan 2024 | Shoplifting | Awaiting court outcome | On or near Pavement Square |