£487,811
This estimated value is based upon the latest sale price for the house of £86,500 on 21 Jun 1996. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
1029 London Road, Thornton Heath, CR7 6JF
Phone: 02034630337
| Price Paid | Date |
|---|---|
| £86,500 | 21 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 June 1996 the House Price Index for GREATER LONDON was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 463.944%.Applying this 463.944% change to the original purchase price of £86,500 results in an estimated price of approximately £487,811.
| 21 Jun 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.5 | 149.7 | 463.944 % | £86,500 | £401,311 | £487,811 |
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 | 364.044 % | £314,898 | £401,398 |
| 3 Month Average | 375.871 % | £325,128 | £411,628 |
| 6 Month Average | 395.789 % | £342,357 | £428,857 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £459,202 | £450,000 | 26 REDFORD AVENUE |
| 31 Mar 2023 | £498,322 | £490,000 | 82 FAIRLANDS AVENUE |
| 27 Jan 2023 | £521,393 | £520,000 | 129 FAIRLANDS AVENUE |
| 7 Mar 2022 | £478,121 | £458,000 | 21 ASHLEY ROAD |
| 29 Oct 2021 | £472,619 | £424,000 | 130 FAIRLANDS AVENUE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 4 Aug 2014. Using an estimated price of £487,812 means this house is valued at £4,516 per sq meter (£419 per sq foot).
The average size of a house on ASHLEY ROAD is 124 sq meters (1,338 sq feet).