£277,280
This estimated value is based upon the latest sale price for the house of £162,950 on 6 Oct 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Grosvenor, House, 160 Gillett Road, Thornton Heath, CR7 8SN
Phone: 02080337806
Price Paid | Date |
---|---|
£162,950 | 6 Oct 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 70 sq meters or 753 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 2006 the House Price Index for GREATER LONDON was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.163%.Applying this 70.163% change to the original purchase price of £162,950 results in an estimated price of approximately £277,280.
6 Oct 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.0 | 149.7 | 70.163 % | £162,950 | £114,330 | £277,280 |
The Postcode Pricing Model uses changes in average sales price within the CR7 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 | 59.018 % | £96,169 | £259,119 |
3 Month Average | 66.446 % | £108,273 | £271,223 |
6 Month Average | 69.075 % | £112,557 | £275,507 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £144,672 | £115,000 | 76A ZION ROAD |
3 Feb 2023 | £490,275 | £487,000 | 60 ZION ROAD |
15 Nov 2022 | £306,566 | £308,000 | 24A BENSHAM MANOR ROAD |
19 Aug 2022 | £353,151 | £351,500 | GROUND FLOOR FLAT 9 BENSHAM MANOR ROAD |
15 Jul 2022 | £373,745 | £370,000 | 42 ZION ROAD |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 10 Jul 2020. Using an estimated price of £277,280 means this house is valued at £3,961 per sq meter (£368 per sq foot).
The average size of a house on BENSHAM MANOR ROAD is 76 sq meters (821 sq feet).