£429,398
This estimated value is based upon the latest sale price for the house of £345,000 on 21 Jun 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Grosvenor, House, 160 Gillett Road, Thornton Heath, CR7 8SN
Phone: 02080337806
Price Paid | Date |
---|---|
£345,000 | 21 Jun 2019 |
£305,000 | 27 Jan 2017 |
£136,000 | 17 Mar 2003 |
£61,500 | 19 Sep 1997 |
Terraced |
Freehold |
Floor Area: 54 sq meters or 581 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 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.463%.Applying this 24.463% change to the original purchase price of £345,000 results in an estimated price of approximately £429,398.
21 Jun 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 149.7 | 24.463 % | £345,000 | £84,398 | £429,398 |
The Postcode Pricing Model uses changes in average sales price within the CR0 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 | 15.187 % | £52,396 | £397,396 |
3 Month Average | 13.062 % | £45,062 | £390,062 |
6 Month Average | 7.040 % | £24,287 | £369,287 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2023 | £348,925 | £341,000 | 83 BEULAH GROVE |
31 Oct 2023 | £368,366 | £360,000 | 7 BOULOGNE ROAD |
14 Apr 2023 | £321,004 | £315,000 | 43 PRINCESS ROAD |
31 Mar 2023 | £371,199 | £365,000 | 80 BEULAH GROVE |
4 Nov 2022 | £318,511 | £320,000 | 15 BOULOGNE ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 16 Nov 2016. Using an estimated price of £429,398 means this house is valued at £7,951 per sq meter (£738 per sq foot).
The average size of a house on PRINCESS ROAD is 62 sq meters (671 sq feet).