£981,156
This estimated value is based upon the latest sale price for the house of £800,000 on 15 Nov 2019. 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 |
|---|---|
| £800,000 | 15 Nov 2019 |
| Detached |
| Freehold |
| Floor Area: 259 sq meters or 2,787 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 November 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £800,000 results in an estimated price of approximately £981,156.
| 15 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £800,000 | £181,156 | £981,156 |
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 | -51.044 % | £-408,354 | £391,645 |
| 3 Month Average | -14.892 % | £-119,136 | £680,863 |
| 6 Month Average | -6.865 % | £-54,919 | £745,080 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £912,278 | £900,000 | 6 THE BRIDLE ROAD |
| 29 Jun 2023 | £1,072,997 | £1,060,000 | 20 PEAKS HILL |
| 2 Feb 2023 | £269,319 | £269,500 | FLAT 4 37 PLOUGH LANE |
| 28 Nov 2022 | £838,345 | £848,500 | 2 DEACON CLOSE |
| 19 Jan 2022 | £311,513 | £296,000 | FLAT 3 37 PLOUGH LANE |
This house has a floor area of 259 sq meters or 2,787 sq feet when measured on 18 Jul 2019. Using an estimated price of £981,157 means this house is valued at £3,788 per sq meter (£351 per sq foot).
The average size of a house on PLOUGH LANE is 144 sq meters (1,550 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Sovereign Close |
| Dec 2023 | Anti-social behaviour | On or near Plough Lane | |
| Dec 2023 | Anti-social behaviour | On or near Plough Lane | |
| Dec 2023 | Anti-social behaviour | On or near Plough Lane | |
| Dec 2023 | Anti-social behaviour | On or near Plough Lane |