£414,096
This estimated value is based upon the latest sale price for the house of £240,500 on 9 Mar 2012. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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50 Lower Addiscombe Road, Croydon, CR0 6AA
Phone: 02081667276
| Price Paid | Date |
|---|---|
| £240,500 | 9 Mar 2012 |
| £199,950 | 30 Jul 2004 |
| £91,000 | 9 Jun 1999 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 951 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 2012 the House Price Index for GREATER LONDON was 86.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.182%.Applying this 72.182% change to the original purchase price of £240,500 results in an estimated price of approximately £414,096.
| 9 Mar 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 149.7 | 72.182 % | £240,500 | £173,596 | £414,096 |
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 | 72.651 % | £174,726 | £415,226 |
| 3 Month Average | 79.282 % | £190,673 | £431,173 |
| 6 Month Average | 75.874 % | £182,477 | £422,977 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 May 2024 | £249,950 | £249,950 | 101 CHERRY ORCHARD ROAD |
| 1 Mar 2024 | £357,493 | £352,000 | 10 JOHNS TERRACE |
| 1 Sep 2023 | £380,385 | £372,000 | 6 JOHNS TERRACE |
| 28 Feb 2022 | £475,406 | £450,000 | 10 ALPHA ROAD |
| 14 Feb 2022 | £417,301 | £395,000 | 21 LESLIE GROVE |
This house has a floor area of 88 sq meters or 951 sq feet when measured on 18 Oct 2011. Using an estimated price of £414,097 means this house is valued at £4,683 per sq meter (£435 per sq foot).
The average size of a house on LESLIE GROVE is 81 sq meters (872 sq feet).