£1,368,674
This estimated value is based upon the latest sale price for the house of £225,000 on 12 Oct 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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5 Saffron Central Square, Croydon, CR0 2FT
Phone: 02036415087
Price Paid | Date |
---|---|
£225,000 | 12 Oct 2023 |
£215,000 | 27 Sep 2017 |
£33,000 | 19 Sep 1997 |
£19,000 | 8 Oct 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 October 2023 the House Price Index for GREATER LONDON was 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £225,000 results in an estimated price of approximately £1,368,674.
12 Oct 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
24.4 | 148.6 | 508.300 % | £225,000 | £1,143,674 | £1,368,674 |
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 | 13.799 % | £31,048 | £256,048 |
3 Month Average | -9.989 % | £-22,475 | £202,524 |
6 Month Average | -8.996 % | £-20,240 | £204,759 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £370,000 | £370,000 | 92 OAKFIELD ROAD |
12 Sep 2023 | £268,432 | £265,000 | GROUND FLOOR FLAT 7 FARQUHARSON ROAD |
8 Sep 2023 | £455,828 | £450,000 | FLAT 1 12 FARQUHARSON ROAD |
1 Sep 2023 | £238,044 | £235,000 | FLAT 2 59 OAKFIELD ROAD |
18 Jan 2023 | £258,781 | £260,000 | FLAT 4 67 OAKFIELD ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 24 May 2014.
The average size of a house on OAKFIELD ROAD is 69 sq meters (744 sq feet).