£447,842
This estimated value is based upon the latest sale price for the house of £360,000 on 7 Sep 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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33 Lower Addiscombe Rd, Croydon, CR0 6PG
Phone: 02080336711
| Price Paid | Date |
|---|---|
| £360,000 | 7 Sep 2018 |
| £214,000 | 12 May 2006 |
| Terraced |
| Leasehold |
| Floor Area: 81 sq meters or 871 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 September 2018 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 24.401%.Applying this 24.401% change to the original purchase price of £360,000 results in an estimated price of approximately £447,842.
| 7 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £360,000 | £87,842 | £447,842 |
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 | 2.641 % | £9,508 | £369,508 |
| 3 Month Average | 5.967 % | £21,481 | £381,481 |
| 6 Month Average | 6.110 % | £21,994 | £381,994 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £464,266 | £450,000 | 49 CHEPSTOW RISE |
| 27 Nov 2023 | £220,600 | £215,000 | 6 FLEETWOOD CLOSE |
| 20 Nov 2023 | £400,158 | £390,000 | 23 CHEPSTOW RISE |
| 23 Aug 2023 | £285,143 | £280,000 | 38 FLEETWOOD CLOSE |
| 6 Feb 2023 | £377,522 | £375,000 | 35 BARDSLEY CLOSE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 21 May 2018. Using an estimated price of £447,842 means this house is valued at £5,528 per sq meter (£513 per sq foot).
The average size of a house on CHEPSTOW RISE is 90 sq meters (975 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bardsley Close |