£968,220
This estimated value is based upon the latest sale price for the house of £790,000 on 22 Aug 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Furze Lane
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4 Russell Parade, Russell Hill Road, Purley, CR8 2LE
Phone: 02080330761
| Price Paid | Date |
|---|---|
| £790,000 | 22 Aug 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 193 sq meters or 2,077 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 August 2019 the House Price Index for GREATER LONDON was 120.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.560%.Applying this 22.560% change to the original purchase price of £790,000 results in an estimated price of approximately £968,220.
| 22 Aug 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.0 | 22.560 % | £790,000 | £178,220 | £968,220 |
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 | 6.771 % | £53,492 | £843,492 |
| 3 Month Average | 3.571 % | £28,209 | £818,209 |
| 6 Month Average | 11.507 % | £90,904 | £880,904 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £1,344,542 | £1,340,000 | 33B FOXLEY LANE |
| 7 Aug 2023 | £332,019 | £330,000 | FLAT 6 10 PLOUGH LANE |
| 21 Apr 2023 | £347,583 | £345,000 | FLAT B 41 FOXLEY LANE |
| 20 Jan 2023 | £446,082 | £450,000 | FLAT 4 40 FOXLEY LANE |
| 17 Jan 2023 | £550,167 | £555,000 | FLAT 1 PEARL GATES COURT, 61 FOXLEY LANE |
This house has a floor area of 193 sq meters or 2,077 sq feet when measured on 6 Nov 2018. Using an estimated price of £968,221 means this house is valued at £5,016 per sq meter (£466 per sq foot).
The average size of a house on FOXLEY LANE is 131 sq meters (1,418 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Furze Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Furze Lane |
| Feb 2024 | Burglary | Under investigation | On or near Furze Lane |
| Apr 2024 | Burglary | Under investigation | On or near Holmoak Close |
| Apr 2024 | Other theft | Under investigation | On or near Russell Hill |