£725,288
This estimated value is based upon the latest sale price for the house of £490,000 on 1 Apr 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2-3 The Exchange Purley Road, Purley, CR8 2HA
Phone: 02034630116
Price Paid | Date |
---|---|
£490,000 | 1 Apr 2015 |
£270,000 | 11 May 2009 |
£268,000 | 18 Dec 2003 |
Semi-Detached |
Freehold |
Floor Area: 107 sq meters or 1,161 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 April 2015 the House Price Index for GREATER LONDON was 101.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.018%.Applying this 48.018% change to the original purchase price of £490,000 results in an estimated price of approximately £725,288.
1 Apr 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
101.1 | 149.7 | 48.018 % | £490,000 | £235,288 | £725,288 |
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 | 36.572 % | £179,203 | £669,203 |
3 Month Average | 31.713 % | £155,392 | £645,392 |
6 Month Average | 34.708 % | £170,070 | £660,070 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jun 2024 | £630,000 | £630,000 | 42 BEAUMONT ROAD |
16 Aug 2023 | £712,857 | £700,000 | 72 BEAUMONT ROAD |
28 Jan 2022 | £723,055 | £682,000 | 14 HIGHER DRIVE |
15 Dec 2021 | £794,640 | £736,250 | 26 HIGHER DRIVE |
30 Sep 2021 | £675,767 | £622,500 | 22 BEAUMONT ROAD |
This house has a floor area of 107 sq meters or 1,161 sq feet when measured on 31 Oct 2008. Using an estimated price of £725,288 means this house is valued at £6,721 per sq meter (£624 per sq foot).
The average size of a house on GRAHAM ROAD is 127 sq meters (1,368 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Lansdowne Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Lansdowne Road |