£587,416
This estimated value is based upon the latest sale price for the house of £475,000 on 29 Apr 2020. 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 |
|---|---|
| £475,000 | 29 Apr 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 81 sq meters or 871 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 April 2020 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.667%.Applying this 23.667% change to the original purchase price of £475,000 results in an estimated price of approximately £587,416.
| 29 Apr 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.667 % | £475,000 | £112,416 | £587,416 |
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 | -43.983 % | £-208,917 | £266,082 |
| 3 Month Average | -27.010 % | £-128,297 | £346,702 |
| 6 Month Average | -11.170 % | £-53,055 | £421,944 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £593,229 | £575,000 | 9 MONAHAN AVENUE |
| 31 Aug 2023 | £1,102,806 | £1,082,916 | 54 WOODCOTE VALLEY ROAD |
| 15 Jun 2023 | £849,014 | £832,000 | 40A MONAHAN AVENUE |
| 30 Nov 2022 | £454,873 | £457,000 | FLAT 6 ANTRO APARTMENTS, 21 BOX RIDGE AVENUE |
| 22 Nov 2022 | £572,324 | £575,000 | FLAT 8 19 BOX RIDGE AVENUE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 28 May 2019. Using an estimated price of £587,416 means this house is valued at £7,252 per sq meter (£673 per sq foot).
The average size of a house on WOODCOTE VALLEY ROAD is 131 sq meters (1,415 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Unable to prosecute suspect | On or near Hill Road |
| Aug 2024 | Other theft | Investigation complete; no suspect identified | On or near Hill Road |
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hill Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Monahan Avenue |
| Sep 2024 | Drugs | Unable to prosecute suspect | On or near Monahan Avenue |