£391,417
This estimated value is based upon the latest sale price for the house of £320,000 on 6 May 2020. 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 |
|---|---|
| £320,000 | 6 May 2020 |
| £70,000 | 2 Jul 1999 |
| Flats/Maisonettes |
| Freehold |
| Floor Area: 57 sq meters or 613 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 May 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £320,000 results in an estimated price of approximately £391,417.
| 6 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £320,000 | £71,417 | £391,417 |
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 | 30.740 % | £98,369 | £418,369 |
| 3 Month Average | -3.455 % | £-11,055 | £308,944 |
| 6 Month Average | 0.206 % | £658 | £320,658 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £431,387 | £425,000 | 23 OSWARD |
| 29 Sep 2023 | £423,414 | £418,000 | 63 OSWARD |
| 7 Jul 2023 | £547,367 | £540,000 | 4 WATERWORKS COTTAGES FEATHERBED LANE |
| 28 Apr 2023 | £528,693 | £523,000 | 119 FALCONWOOD ROAD |
| 16 Mar 2023 | £504,755 | £500,000 | 80 FALCONWOOD ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 11 May 2015. Using an estimated price of £391,418 means this house is valued at £6,866 per sq meter (£637 per sq foot).
There is one other house on the street which we know the size of, this is 1 PIONEER PLACE it is 50.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Silverwood Close |
| Jan 2024 | Other crime | Investigation complete; no suspect identified | On or near Silverwood Close |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Silverwood Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Silverwood Close |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Silverwood Close |