£567,436
This estimated value is based upon the latest sale price for the house of £550,000 on 13 Dec 2023. 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 |
---|---|
£550,000 | 13 Dec 2023 |
£385,000 | 31 Mar 2010 |
£83,500 | 17 Jun 1996 |
Semi-Detached |
Freehold |
Floor Area: 119 sq meters or 1,286 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 2023 the House Price Index for GREATER LONDON was 145.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.170%.Applying this 3.170% change to the original purchase price of £550,000 results in an estimated price of approximately £567,436.
13 Dec 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.1 | 149.7 | 3.170 % | £550,000 | £17,436 | £567,436 |
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 | 57.649 % | £317,071 | £867,071 |
3 Month Average | 26.724 % | £146,982 | £696,982 |
6 Month Average | 6.425 % | £35,338 | £585,338 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
13 Dec 2023 | £567,436 | £550,000 | 25 FARNBOROUGH CRESCENT |
2 Nov 2023 | £513,023 | £500,000 | 83 SELSDON PARK ROAD |
15 Sep 2023 | £495,932 | £485,000 | 97 SELSDON PARK ROAD |
29 Jun 2022 | £643,761 | £630,000 | 21 FARNBOROUGH CRESCENT |
7 Jan 2022 | £275,652 | £260,000 | 50 INGLEWOOD |
This house has a floor area of 119 sq meters or 1,286 sq feet when measured on 5 Nov 2009. Using an estimated price of £567,436 means this house is valued at £4,747 per sq meter (£441 per sq foot).
The average size of a house on FARNBOROUGH CRESCENT is 138 sq meters (1,486 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Farnborough Crescent |
Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Farnborough Crescent |
Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Farnborough Crescent |
Aug 2024 | Public order | Under investigation | On or near Farnborough Crescent |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Farnborough Crescent |