£280,977
This estimated value is based upon the latest sale price for the house of £187,000 on 4 Dec 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Southbridge House, Southbridge Place, Croydon, CR0 4HZ
Phone: 02081289197
| Price Paid | Date |
|---|---|
| £187,000 | 4 Dec 2014 |
| £64,000 | 30 Sep 1999 |
| £51,750 | 17 Jul 1998 |
| Terraced |
| Freehold |
| Floor Area: 43 sq meters or 462 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 December 2014 the House Price Index for GREATER LONDON was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £187,000 results in an estimated price of approximately £280,977.
| 4 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.6 | 149.7 | 50.255 % | £187,000 | £93,977 | £280,977 |
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 | 46.564 % | £87,073 | £274,073 |
| 3 Month Average | 39.146 % | £73,202 | £260,202 |
| 6 Month Average | 36.992 % | £69,174 | £256,174 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Mar 2024 | £22,475,312 | £22,130,000 | UNIT 1 500 PURLEY WAY |
| 22 Mar 2024 | £289,447 | £285,000 | 4 WRANGTHORN WALK |
| 27 Oct 2023 | £347,902 | £340,000 | 29 FERNLEIGH CLOSE |
| 27 Feb 2023 | £276,849 | £275,000 | 11 FERNLEIGH CLOSE |
| 27 Jan 2023 | £646,728 | £645,000 | 61 STAFFORD ROAD |
This house has a floor area of 43 sq meters or 462 sq feet when measured on 17 Apr 2019. Using an estimated price of £280,977 means this house is valued at £6,534 per sq meter (£607 per sq foot).
The average size of a house on FERNLEIGH CLOSE is 49 sq meters (536 sq feet).