£375,505
This estimated value is based upon the latest sale price for the house of £278,000 on 18 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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323 Lower Addiscombe Road, Croydon, CR0 6RF
Phone: 02080222822
| Price Paid | Date |
|---|---|
| £278,000 | 18 Mar 2016 |
| £158,000 | 5 Mar 2004 |
| £97,000 | 12 Apr 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 85 sq meters or 923 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 March 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £278,000 results in an estimated price of approximately £375,505.
| 18 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £278,000 | £97,505 | £375,505 |
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 | 16.138 % | £44,864 | £322,864 |
| 3 Month Average | 7.988 % | £22,206 | £300,206 |
| 6 Month Average | 14.079 % | £39,140 | £317,140 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Apr 2023 | £1,086,701 | £1,075,000 | 335 LOWER ADDISCOMBE ROAD |
| 29 Jul 2022 | £571,539 | £570,000 | 19 FERNHURST ROAD |
| 9 May 2022 | £214,033 | £210,000 | 337 LOWER ADDISCOMBE ROAD |
| 23 Dec 2021 | £519,618 | £485,000 | 290 LOWER ADDISCOMBE ROAD |
| 15 Sep 2021 | £528,020 | £490,000 | 8 BLACKHORSE LANE |
This house has a floor area of 85 sq meters or 923 sq feet when measured on 11 Feb 2009. Using an estimated price of £375,505 means this house is valued at £4,376 per sq meter (£406 per sq foot).
The average size of a house on LOWER ADDISCOMBE ROAD is 75 sq meters (815 sq feet).