£395,899
This estimated value is based upon the latest sale price for the house of £325,000 on 31 Jul 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Suite 25, 130 Brighton Road, Purley, CR8 4EX
Phone: 02080223948
| Price Paid | Date |
|---|---|
| £325,000 | 31 Jul 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 July 2020 the House Price Index for GREATER LONDON was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £325,000 results in an estimated price of approximately £395,899.
| 31 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £325,000 | £70,899 | £395,899 |
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 | 29.966 % | £97,390 | £422,390 |
| 3 Month Average | -16.436 % | £-53,418 | £271,581 |
| 6 Month Average | -16.573 % | £-53,861 | £271,138 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £1,066,384 | £1,050,000 | 56 WOODCOTE VALLEY ROAD |
| 7 Dec 2023 | £593,229 | £575,000 | 9 MONAHAN AVENUE |
| 30 Nov 2023 | £615,627 | £600,000 | 70 WOODCOTE VALLEY ROAD |
| 20 Oct 2023 | £706,035 | £690,000 | 77 WOODCOTE VALLEY ROAD |
| 31 Aug 2023 | £1,102,806 | £1,082,916 | 54 WOODCOTE VALLEY ROAD |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 22 Apr 2020. Using an estimated price of £395,900 means this house is valued at £7,918 per sq meter (£735 per sq foot).
The average size of a house on MONAHAN AVENUE is 185 sq meters (1,996 sq feet).
This house is the smallest in the street with a floor area of 50 sq meters (538 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Unable to prosecute suspect | On or near Monahan Avenue |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Monahan Avenue |
| Oct 2024 | Anti-social behaviour | On or near Furze Hill | |
| Oct 2024 | Anti-social behaviour | On or near Woodcote Valley Road | |
| Oct 2024 | Drugs | Unable to prosecute suspect | On or near Woodcote Valley Road |