£341,393
This estimated value is based upon the latest sale price for the house of £275,000 on 15 Oct 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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306 London Road, Croydon, CR0 2TJ
Phone: 02036416260
Price Paid | Date |
---|---|
£275,000 | 15 Oct 2018 |
£168,000 | 29 Oct 2007 |
£43,950 | 22 Aug 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 52 sq meters or 569 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 October 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £275,000 results in an estimated price of approximately £341,393.
15 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.143 % | £275,000 | £66,393 | £341,393 |
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 | 11.075 % | £30,455 | £305,455 |
3 Month Average | 7.896 % | £21,712 | £296,712 |
6 Month Average | 5.258 % | £14,459 | £289,459 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £151,314 | £150,000 | 67A LODGE ROAD |
8 Dec 2023 | £221,816 | £215,000 | FLAT 5 ARISTO HOUSE, 51 LODGE ROAD |
6 Dec 2023 | £111,424 | £108,000 | FLAT 6 1 CAMERON ROAD |
29 Sep 2023 | £552,172 | £540,000 | 19 CAMERON ROAD |
11 Sep 2023 | £335,393 | £328,000 | 14 CAMERON ROAD |
This house has a floor area of 52 sq meters or 569 sq feet when measured on 11 Jul 2009. Using an estimated price of £341,394 means this house is valued at £6,449 per sq meter (£599 per sq foot).
The average size of a house on LODGE ROAD is 67 sq meters (726 sq feet).