£291,860
This estimated value is based upon the latest sale price for the house of £232,271 on 25 May 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1029 London Road, Thornton Heath, CR7 6JF
Phone: 02034630337
| Price Paid | Date |
|---|---|
| £232,271 | 25 May 2018 |
| £220,000 | 7 Jul 2006 |
| £55,500 | 30 Sep 1996 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 May 2018 the House Price Index for GREATER LONDON was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £232,271 results in an estimated price of approximately £291,860.
| 25 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £232,271 | £59,589 | £291,860 |
The Postcode Pricing Model uses changes in average sales price within the CR7 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 | -18.653 % | £-43,325 | £188,945 |
| 3 Month Average | 5.964 % | £13,852 | £246,123 |
| 6 Month Average | 8.701 % | £20,208 | £252,479 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £496,000 | £496,000 | 162 MELFORT ROAD |
| 11 Aug 2023 | £333,515 | £327,500 | GROUND FLOOR FLAT 211 MELFORT ROAD |
| 17 Mar 2023 | £214,889 | £211,300 | 244 MELFORT ROAD |
| 16 Mar 2022 | £459,331 | £440,000 | 151 MELFORT ROAD |
| 16 Dec 2021 | £334,585 | £310,000 | 158 NORBURY AVENUE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 23 May 2018. Using an estimated price of £291,861 means this house is valued at £2,948 per sq meter (£273 per sq foot).
The average size of a house on NORBURY AVENUE is 80 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Camden Way |
| Apr 2024 | Vehicle crime | Under investigation | On or near County Road |
| Apr 2024 | Drugs | Under investigation | On or near County Road |