£641,513
This estimated value is based upon the latest sale price for the house of £137,500 on 30 Oct 1998. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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8 The Forestdale Centre, Featherbed Lane, Croydon, CR0 9AS
Phone: 02034783503
| Price Paid | Date |
|---|---|
| £137,500 | 30 Oct 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,234 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 1998 the House Price Index for GREATER LONDON was 32.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 366.555%.Applying this 366.555% change to the original purchase price of £137,500 results in an estimated price of approximately £641,513.
| 30 Oct 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 32.1 | 149.7 | 366.555 % | £137,500 | £504,013 | £641,513 |
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 | 317.076 % | £435,979 | £573,479 |
| 3 Month Average | 326.613 % | £449,092 | £586,592 |
| 6 Month Average | 310.551 % | £427,007 | £564,507 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Apr 2024 | £380,807 | £377,500 | 16 CROFTERS MEAD |
| 10 Nov 2023 | £436,069 | £425,000 | 23 OSWARD |
| 28 Apr 2023 | £532,969 | £523,000 | 119 FALCONWOOD ROAD |
| 26 Aug 2022 | £432,221 | £430,200 | 36 CROFTERS MEAD |
| 31 May 2022 | £911,240 | £887,500 | 1 THE WARREN THE GREEN |
This house has a floor area of 114 sq meters or 1,234 sq feet when measured on 16 Jan 2009. Using an estimated price of £641,513 means this house is valued at £5,593 per sq meter (£519 per sq foot).
The average size of a house on FEATHERBED LANE is 118 sq meters (1,278 sq feet).