£401,467
This estimated value is based upon the latest sale price for the house of £300,000 on 30 Sep 2016. 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 Somerset Gardens
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1057 London Road, Thornton Heath, CR7 6JG
Phone: 02077682327
Price Paid | Date |
---|---|
£300,000 | 30 Sep 2016 |
£191,000 | 30 Nov 2007 |
£115,000 | 14 Feb 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 66 sq meters or 710 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 September 2016 the House Price Index for GREATER LONDON was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £300,000 results in an estimated price of approximately £401,467.
30 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.9 | 149.7 | 33.822 % | £300,000 | £101,467 | £401,467 |
The Postcode Pricing Model uses changes in average sales price within the SW16 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 | 12.093 % | £36,279 | £336,279 |
3 Month Average | 11.245 % | £33,734 | £333,734 |
6 Month Average | 14.504 % | £43,511 | £343,511 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Apr 2024 | £857,446 | £850,000 | 1156 LONDON ROAD |
12 Oct 2023 | £167,811 | £164,000 | FLAT 5 1205 LONDON ROAD |
17 Aug 2023 | £185,343 | £182,000 | 16 SOMERSET GARDENS |
4 Aug 2023 | £285,143 | £280,000 | FLAT 12 SHIRLEY COURT LONDON ROAD |
7 Apr 2023 | £560,483 | £550,000 | 1223 LONDON ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 15 Aug 2016. Using an estimated price of £401,467 means this house is valued at £6,082 per sq meter (£565 per sq foot).
The average size of a house on SOMERSET GARDENS is 80 sq meters (861 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Somerset Gardens | |
Apr 2024 | Anti-social behaviour | On or near Somerset Gardens | |
Apr 2024 | Burglary | Under investigation | On or near Somerset Gardens |
Apr 2024 | Anti-social behaviour | On or near Somerset Gardens | |
Apr 2024 | Anti-social behaviour | On or near Somerset Gardens |