£394,168
This estimated value is based upon the latest sale price for the house of £293,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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49 Lower Addiscombe,, CR0 6PQ
Phone: 02081667682
| Price Paid | Date |
|---|---|
| £293,000 | 31 Mar 2016 |
| £220,000 | 16 Jun 2014 |
| £182,000 | 4 Jan 2008 |
| £105,000 | 9 Apr 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 55 sq meters or 592 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 March 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 34.528%.Applying this 34.528% change to the original purchase price of £293,000 results in an estimated price of approximately £394,168.
| 31 Mar 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.0 | 34.528 % | £293,000 | £101,168 | £394,168 |
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 | -9.932 % | £-29,101 | £263,898 |
| 3 Month Average | 10.603 % | £31,066 | £324,066 |
| 6 Month Average | 13.508 % | £39,577 | £332,577 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £394,901 | £392,500 | 7 WARREN ROAD |
| 11 Aug 2022 | £345,664 | £348,000 | 10 WARREN ROAD |
| 17 Jun 2022 | £353,584 | £350,000 | FIRST FLOOR FLAT AT 38 MORLAND ROAD |
| 21 Dec 2021 | £277,433 | £260,000 | FLAT 4 TENBY COURT, 5 MORLAND ROAD |
| 24 Sep 2021 | £252,212 | £235,000 | FLAT 1 43 MORLAND ROAD |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 5 Feb 2013. Using an estimated price of £394,168 means this house is valued at £7,166 per sq meter (£665 per sq foot).
The average size of a house on MORLAND ROAD is 78 sq meters (841 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Shoplifting | Under investigation | On or near Gordon Crescent |
| Apr 2024 | Shoplifting | Under investigation | On or near Gordon Crescent |
| Apr 2024 | Other theft | Under investigation | On or near Gordon Crescent |
| Apr 2024 | Shoplifting | Under investigation | On or near Gordon Crescent |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Gordon Crescent |