£509,016
This estimated value is based upon the latest sale price for the house of £340,000 on 8 Oct 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1029 London Road, Thornton Heath, CR7 6JF
Phone: 02034630337
| Price Paid | Date |
|---|---|
| £340,000 | 8 Oct 2014 |
| £247,000 | 12 Dec 2011 |
| Terraced |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 2014 the House Price Index for GREATER LONDON was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £340,000 results in an estimated price of approximately £509,016.
| 8 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £340,000 | £169,016 | £509,016 |
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 | 49.969 % | £169,895 | £509,895 |
| 3 Month Average | 78.266 % | £266,105 | £606,105 |
| 6 Month Average | 53.914 % | £183,308 | £523,308 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Jul 2023 | £522,026 | £515,000 | 28 REDFORD AVENUE |
| 26 Jun 2023 | £455,518 | £450,000 | 26 REDFORD AVENUE |
| 31 Mar 2023 | £494,660 | £490,000 | 82 FAIRLANDS AVENUE |
| 7 Mar 2022 | £474,608 | £458,000 | 21 ASHLEY ROAD |
| 22 Dec 2021 | £270,276 | £252,270 | 9 KIRKLEES ROAD |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 22 Dec 2017. Using an estimated price of £509,016 means this house is valued at £4,104 per sq meter (£381 per sq foot).
The average size of a house on ASHLEY ROAD is 124 sq meters (1,338 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ashley Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ashley Road |
| Jan 2024 | Vehicle crime | Under investigation | On or near Fairlands Avenue |