£195,073
This estimated value is based upon the latest sale price for the house of £157,000 on 19 Jul 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Suite 25, 130 Brighton Road, Purley, CR8 4EX
Phone: 02080223948
| Price Paid | Date |
|---|---|
| £157,000 | 19 Jul 2019 |
| £110,000 | 8 Nov 2012 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 34 sq meters or 365 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 July 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.250%.Applying this 24.250% change to the original purchase price of £157,000 results in an estimated price of approximately £195,073.
| 19 Jul 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 149.7 | 24.250 % | £157,000 | £38,073 | £195,073 |
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 | -12.449 % | £-19,545 | £137,454 |
| 3 Month Average | -12.875 % | £-20,213 | £136,786 |
| 6 Month Average | 4.648 % | £7,297 | £164,297 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Sep 2024 | £193,000 | £193,000 | 2 FAIRBAIRN CLOSE |
| 6 Jun 2024 | £630,000 | £630,000 | 42 BEAUMONT ROAD |
| 11 Apr 2024 | £504,380 | £500,000 | 16 BEAUMONT ROAD |
| 30 Nov 2023 | £164,167 | £160,000 | 16 FAIRBAIRN CLOSE |
| 16 Aug 2023 | £712,857 | £700,000 | 72 BEAUMONT ROAD |
This house has a floor area of 34 sq meters or 365 sq feet when measured on 24 May 2012. Using an estimated price of £195,073 means this house is valued at £5,737 per sq meter (£533 per sq foot).
The average size of a house on FAIRBAIRN CLOSE is 39 sq meters (429 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Fairbairn Close | |
| Sep 2024 | Anti-social behaviour | On or near Fairbairn Close | |
| Aug 2024 | Anti-social behaviour | On or near Fairbairn Close | |
| Aug 2024 | Anti-social behaviour | On or near Fairbairn Close | |
| Aug 2024 | Anti-social behaviour | On or near Fairbairn Close |