£676,654
This estimated value is based upon the latest sale price for the house of £550,000 on 15 Feb 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2-3 The Exchange Purley Road, Purley, CR8 2HA
Phone: 02034630116
| Price Paid | Date |
|---|---|
| £550,000 | 15 Feb 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 150 sq meters or 1,614 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 February 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.028%.Applying this 23.028% change to the original purchase price of £550,000 results in an estimated price of approximately £676,654.
| 15 Feb 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.028 % | £550,000 | £126,654 | £676,654 |
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 | 55.273 % | £304,002 | £854,002 |
| 3 Month Average | 4.373 % | £24,049 | £574,049 |
| 6 Month Average | 6.904 % | £37,970 | £587,970 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £410,267 | £405,000 | 46 DOWNS COURT ROAD |
| 16 Jun 2023 | £357,902 | £355,000 | 59 PARTRIDGE KNOLL |
| 28 Mar 2023 | £693,750 | £690,000 | 16 DOWNS COURT ROAD |
| 12 Aug 2022 | £655,570 | £660,000 | 61 DOWNS COURT ROAD |
| 18 Jul 2022 | £1,597,841 | £1,600,000 | 15 SELCROFT ROAD |
This house has a floor area of 150 sq meters or 1,614 sq feet when measured on 9 Nov 2018. Using an estimated price of £676,654 means this house is valued at £4,511 per sq meter (£419 per sq foot).
The average size of a house on DOWNS COURT ROAD is 125 sq meters (1,349 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Greyfields Close | |
| Mar 2024 | Anti-social behaviour | On or near Greyfields Close |