£147,012
This estimated value is based upon the latest sale price for the house of £119,000 on 31 Oct 2019. 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 |
|---|---|
| £119,000 | 31 Oct 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £119,000 results in an estimated price of approximately £147,012.
| 31 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £119,000 | £28,012 | £147,012 |
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 | 14.484 % | £17,236 | £136,236 |
| 3 Month Average | 11.115 % | £13,227 | £132,227 |
| 6 Month Average | 6.636 % | £7,897 | £126,897 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £39,400 | £38,400 | 63 MILTON ROAD |
| 29 Sep 2023 | £419,242 | £410,000 | 14 NEVILLE ROAD |
| 24 Aug 2023 | £813,675 | £799,000 | 23 - 27 GLADSTONE ROAD |
| 14 Apr 2023 | £261,899 | £257,000 | 59A MILTON ROAD |
| 14 Apr 2023 | £242,027 | £237,500 | 107 MILTON ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 5 Feb 2019. Using an estimated price of £147,013 means this house is valued at £2,333 per sq meter (£216 per sq foot).
The average size of a house on MILTON AVENUE is 75 sq meters (809 sq feet).