£316,725
This estimated value is based upon the latest sale price for the house of £170,000 on 15 May 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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49 Lower Addiscombe,, CR0 6PQ
Phone: 02081667682
Price Paid | Date |
---|---|
£170,000 | 15 May 2009 |
Terraced |
Freehold |
Floor Area: 80 sq meters or 861 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 2009 the House Price Index for GREATER LONDON was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.309%.Applying this 86.309% change to the original purchase price of £170,000 results in an estimated price of approximately £316,725.
15 May 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.4 | 149.7 | 86.309 % | £170,000 | £146,725 | £316,725 |
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 | 94.292 % | £160,295 | £330,295 |
3 Month Average | 97.010 % | £164,917 | £334,917 |
6 Month Average | 87.944 % | £149,505 | £319,505 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
12 Oct 2023 | £357,111 | £349,000 | 45 LIMES ROAD |
18 Aug 2023 | £116,094 | £114,000 | 78 ARUNDEL ROAD |
31 Mar 2023 | £298,993 | £294,000 | 31A CLARENCE ROAD |
16 Feb 2023 | £453,026 | £450,000 | 38 ARUNDEL ROAD |
10 Aug 2022 | £266,245 | £265,000 | 31C CLARENCE ROAD |
This house has a floor area of 80 sq meters or 861 sq feet when measured on 26 Oct 2010. Using an estimated price of £316,726 means this house is valued at £3,957 per sq meter (£367 per sq foot).
The average size of a house on CLARENCE ROAD is 86 sq meters (926 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Drugs | Under investigation | On or near Clarence Road |
Apr 2024 | Vehicle crime | Under investigation | On or near Clarence Road |