£449,514
This estimated value is based upon the latest sale price for the house of £350,000 on 14 Jul 2017. 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 |
|---|---|
| £350,000 | 14 Jul 2017 |
| Terraced |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 July 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £350,000 results in an estimated price of approximately £449,514.
| 14 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £350,000 | £99,514 | £449,514 |
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 | -2.647 % | £-9,263 | £340,736 |
| 3 Month Average | 0.504 % | £1,765 | £351,765 |
| 6 Month Average | 16.270 % | £56,944 | £406,944 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Dec 2023 | £523,073 | £507,000 | 31 LEANDER ROAD |
| 3 Nov 2023 | £482,241 | £470,000 | 56 HEADCORN ROAD |
| 4 Aug 2023 | £488,816 | £480,000 | 51 HEADCORN ROAD |
| 18 Nov 2022 | £385,696 | £387,500 | 45A GALPINS ROAD |
| 10 Mar 2022 | £307,960 | £295,000 | FIRST FLOOR FLAT 7 GALPINS ROAD |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 5 May 2017. Using an estimated price of £449,514 means this house is valued at £3,329 per sq meter (£309 per sq foot).
The average size of a house on HEADCORN ROAD is 115 sq meters (1,240 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Headcorn Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Headcorn Road |
| Apr 2024 | Vehicle crime | Under investigation | On or near Headcorn Road |