£903,920
This estimated value is based upon the latest sale price for the house of £173,500 on 9 Apr 1997. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Furze Lane
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4 Russell Parade, Russell Hill Road, Purley, CR8 2LE
Phone: 02080330761
| Price Paid | Date |
|---|---|
| £173,500 | 9 Apr 1997 |
| Semi-Detached |
| Freehold |
| Floor Area: 139 sq meters or 1,496 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 1997 the House Price Index for GREATER LONDON was 28.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 420.992%.Applying this 420.992% change to the original purchase price of £173,500 results in an estimated price of approximately £903,920.
| 9 Apr 1997 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 148.0 | 420.992 % | £173,500 | £730,420 | £903,920 |
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 | 412.256 % | £715,263 | £888,763 |
| 3 Month Average | 300.379 % | £521,158 | £694,658 |
| 6 Month Average | 312.053 % | £541,411 | £714,911 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £1,344,542 | £1,340,000 | 33B FOXLEY LANE |
| 7 Aug 2023 | £332,019 | £330,000 | FLAT 6 10 PLOUGH LANE |
| 21 Apr 2023 | £347,583 | £345,000 | FLAT B 41 FOXLEY LANE |
| 20 Jan 2023 | £446,082 | £450,000 | FLAT 4 40 FOXLEY LANE |
| 17 Jan 2023 | £550,167 | £555,000 | FLAT 1 PEARL GATES COURT, 61 FOXLEY LANE |
This house has a floor area of 139 sq meters or 1,496 sq feet when measured on 28 Nov 2017. Using an estimated price of £903,921 means this house is valued at £6,503 per sq meter (£604 per sq foot).
The average size of a house on FOXLEY LANE is 131 sq meters (1,418 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Furze Lane |
| Feb 2024 | Burglary | Under investigation | On or near Furze Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Furze Lane |
| Apr 2024 | Other theft | Under investigation | On or near Russell Hill |
| Feb 2024 | Burglary | Under investigation | On or near Russell Hill |