£237,805
This estimated value is based upon the latest sale price for the house of £48,000 on 31 Oct 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4/5 Brigstock Parade, London Road, Thornton Heath, CR7 7HW
Phone: 02081667280
| Price Paid | Date |
|---|---|
| £48,000 | 31 Oct 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 70 sq meters or 756 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 1997 the House Price Index for GREATER LONDON was 30.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 395.428%.Applying this 395.428% change to the original purchase price of £48,000 results in an estimated price of approximately £237,805.
| 31 Oct 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.0 | 148.6 | 395.428 % | £48,000 | £189,805 | £237,805 |
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 | 391.663 % | £187,998 | £235,998 |
| 3 Month Average | 472.018 % | £226,568 | £274,568 |
| 6 Month Average | 391.202 % | £187,776 | £235,776 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £375,560 | £370,000 | 22 STANLEY GROVE |
| 25 Aug 2023 | £464,060 | £460,000 | 5 CHELTENHAM VILLAS |
| 27 Mar 2023 | £343,234 | £340,000 | 20 STANLEY GROVE |
| 14 Apr 2022 | £447,963 | £435,000 | 40 STANLEY GROVE |
| 4 Jan 2022 | £210,482 | £200,000 | FLAT 4 3 DUNHEVED ROAD SOUTH |
This house has a floor area of 70 sq meters or 756 sq feet when measured on 13 Jul 2009. Using an estimated price of £237,805 means this house is valued at £3,382 per sq meter (£314 per sq foot).
The average size of a house on FIVEACRE CLOSE is 51 sq meters (553 sq feet).
This house is the largest in the street with a floor area of 70 sq meters (756 sq feet).