£357,978
This estimated value is based upon the latest sale price for the house of £335,000 on 25 Jun 2021. 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 |
|---|---|
| £335,000 | 25 Jun 2021 |
| £330,000 | 15 Feb 2017 |
| £275,000 | 15 Jun 2015 |
| £172,000 | 17 Jun 2005 |
| £62,000 | 6 Jul 1999 |
| Terraced |
| Freehold |
| Floor Area: 54 sq meters or 581 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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £335,000 results in an estimated price of approximately £357,978.
| 25 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £335,000 | £22,978 | £357,978 |
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 | -28.401 % | £-95,144 | £239,855 |
| 3 Month Average | -11.114 % | £-37,231 | £297,768 |
| 6 Month Average | -16.754 % | £-56,126 | £278,873 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £38,899 | £38,400 | 63 MILTON ROAD |
| 24 Aug 2023 | £803,889 | £799,000 | 23 - 27 GLADSTONE ROAD |
| 14 Apr 2023 | £239,278 | £237,500 | 107 MILTON ROAD |
| 14 Apr 2023 | £258,924 | £257,000 | 59A MILTON ROAD |
| 17 Mar 2023 | £1,005,435 | £1,000,000 | UNIT B 18 GLADSTONE ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 28 Jan 2015. Using an estimated price of £357,978 means this house is valued at £6,629 per sq meter (£615 per sq foot).
The average size of a house on MILTON ROAD is 61 sq meters (661 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Milton Avenue |
| Feb 2024 | Anti-social behaviour | On or near Milton Avenue |