£471,076
This estimated value is based upon the latest sale price for the house of £380,000 on 19 Aug 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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8 The Forestdale Centre, Featherbed Lane, Croydon, CR0 9AS
Phone: 02034783503
Price Paid | Date |
---|---|
£380,000 | 19 Aug 2019 |
£75,000 | 31 Jul 1995 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 August 2019 the House Price Index for GREATER LONDON was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £380,000 results in an estimated price of approximately £471,076.
19 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.8 | 149.7 | 23.967 % | £380,000 | £91,076 | £471,076 |
The Postcode Pricing Model uses changes in average sales price within the CR2 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 | 11.213 % | £42,609 | £422,609 |
3 Month Average | 2.597 % | £9,870 | £389,870 |
6 Month Average | 1.587 % | £6,029 | £386,029 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £526,168 | £510,000 | 8 QUAIL GARDENS |
6 Apr 2023 | £433,101 | £425,000 | 48 SORREL BANK |
7 Nov 2022 | £423,022 | £425,000 | 52 SORREL BANK |
1 Jul 2022 | £388,897 | £385,000 | 20 LAPWING CLOSE |
16 Jun 2022 | £449,611 | £440,000 | 45 GOLDFINCH ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 31 Jan 2019. Using an estimated price of £471,076 means this house is valued at £6,281 per sq meter (£583 per sq foot).
The average size of a house on LAPWING CLOSE is 84 sq meters (912 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Peacock Gardens | |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Peacock Gardens |
Aug 2024 | Other theft | Under investigation | On or near Peacock Gardens |
Jul 2024 | Criminal damage and arson | Under investigation | On or near Peacock Gardens |
Oct 2024 | Other crime | Under investigation | On or near Quail Gardens |