£401,699
This estimated value is based upon the latest sale price for the house of £350,000 on 2 Dec 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Grosvenor, House, 160 Gillett Road, Thornton Heath, CR7 8SN
Phone: 02080337806
| Price Paid | Date |
|---|---|
| £350,000 | 2 Dec 2020 |
| £295,000 | 22 Jan 2016 |
| Terraced |
| Freehold |
| Floor Area: 110 sq meters or 1,184 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 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £350,000 results in an estimated price of approximately £401,699.
| 2 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £350,000 | £51,699 | £401,699 |
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 | 8.741 % | £30,594 | £380,594 |
| 3 Month Average | 23.561 % | £82,463 | £432,463 |
| 6 Month Average | 10.864 % | £38,025 | £388,025 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £375,560 | £370,000 | 14 ELM ROAD |
| 14 Jul 2023 | £243,274 | £240,000 | 5 GILLETT ROAD |
| 6 Jun 2023 | £181,701 | £179,500 | 27 PRIDHAM ROAD |
| 31 Jan 2023 | £278,687 | £280,000 | 11 GILLETT ROAD |
| 27 Oct 2022 | £395,739 | £400,000 | 9 ELM ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 6 Jan 2016. Using an estimated price of £401,700 means this house is valued at £3,651 per sq meter (£339 per sq foot).
The average size of a house on ELM ROAD is 95 sq meters (1,022 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Under investigation | On or near Pridham Road |