£748,758
This estimated value is based upon the latest sale price for the house of £430,000 on 17 Aug 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Brighton Road
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4 Russell Parade, Russell Hill Road, Purley, CR8 2LE
Phone: 02080330761
| Price Paid | Date |
|---|---|
| £430,000 | 17 Aug 2011 |
| £295,000 | 17 Feb 2000 |
| £199,950 | 15 Sep 1995 |
| Detached |
| Freehold |
| Floor Area: 117 sq meters or 1,262 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 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.130%.Applying this 74.130% change to the original purchase price of £430,000 results in an estimated price of approximately £748,758.
| 17 Aug 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.130 % | £430,000 | £318,758 | £748,758 |
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 | 57.864 % | £248,813 | £678,813 |
| 3 Month Average | 58.563 % | £251,822 | £681,822 |
| 6 Month Average | 59.407 % | £255,449 | £685,449 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £275,000 | £275,000 | FLAT 1 SANCTUM APARTMENTS, 74 BRIGHTON ROAD |
| 7 May 2024 | £460,000 | £460,000 | FLAT 1 WENTWORTH HOUSE, 22 PURLEY KNOLL |
| 8 Dec 2023 | £980,117 | £950,000 | 24 PURLEY KNOLL |
| 17 Mar 2023 | £292,383 | £287,500 | FLAT 1 56 BRIGHTON ROAD |
| 15 Mar 2023 | £427,133 | £420,000 | FLAT 2 56 BRIGHTON ROAD |
This house has a floor area of 117 sq meters or 1,262 sq feet when measured on 8 Feb 2011. Using an estimated price of £748,758 means this house is valued at £6,385 per sq meter (£593 per sq foot).
The average size of a house on PURLEY RISE is 143 sq meters (1,542 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Brighton Road | |
| Apr 2024 | Anti-social behaviour | On or near Brighton Road | |
| Apr 2024 | Anti-social behaviour | On or near Brighton Road | |
| Apr 2024 | Burglary | Under investigation | On or near Brighton Road |
| Apr 2024 | Anti-social behaviour | On or near Brighton Road |