£803,988
This estimated value is based upon the latest sale price for the house of £644,000 on 3 Jul 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4 Russell Parade, Russell Hill Road, Purley, CR8 2LE
Phone: 02080330761
Price Paid | Date |
---|---|
£644,000 | 3 Jul 2018 |
Detached |
Freehold |
Floor Area: 89 sq meters or 957 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 2018 the House Price Index for GREATER LONDON was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £644,000 results in an estimated price of approximately £803,988.
3 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.9 | 149.7 | 24.843 % | £644,000 | £159,988 | £803,988 |
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 | -2.206 % | £-14,207 | £629,792 |
3 Month Average | -13.084 % | £-84,263 | £559,736 |
6 Month Average | 2.761 % | £17,782 | £661,782 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Jun 2023 | £1,081,677 | £1,060,000 | 20 PEAKS HILL |
23 Jun 2023 | £1,020,450 | £1,000,000 | 17 THE BRIDLE ROAD |
2 Feb 2023 | £271,312 | £269,500 | FLAT 4 37 PLOUGH LANE |
28 Nov 2022 | £844,551 | £848,500 | 2 DEACON CLOSE |
22 Jul 2022 | £1,742,460 | £1,725,000 | 19 PEAKS HILL |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 19 Oct 2017. Using an estimated price of £803,988 means this house is valued at £9,033 per sq meter (£839 per sq foot).
The average size of a house on PEAKS HILL is 241 sq meters (2,599 sq feet).
This house is the smallest in the street with a floor area of 89 sq meters (957 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near The Bridle Road |
Apr 2024 | Anti-social behaviour | On or near Plough Lane | |
Apr 2024 | Anti-social behaviour | On or near Plough Lane | |
Apr 2024 | Anti-social behaviour | On or near Plough Lane | |
Apr 2024 | Anti-social behaviour | On or near Plough Lane |