£389,390
This estimated value is based upon the latest sale price for the house of £370,000 on 28 Jan 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Grosvenor, House, 160 Gillett Road, Thornton Heath, CR7 8SN
Phone: 02080337806
| Price Paid | Date |
|---|---|
| £370,000 | 28 Jan 2022 |
| £185,000 | 3 Dec 2004 |
| £122,000 | 20 Apr 2001 |
| Semi-Detached |
| Freehold |
| 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 January 2022 the House Price Index for GREATER LONDON was 141.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 5.241%.Applying this 5.241% change to the original purchase price of £370,000 results in an estimated price of approximately £389,390.
| 28 Jan 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.6 | 5.241 % | £370,000 | £19,390 | £389,390 |
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 | 31.786 % | £117,607 | £487,607 |
| 3 Month Average | 3.555 % | £13,154 | £383,154 |
| 6 Month Average | 2.583 % | £9,558 | £379,558 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £213,740 | £210,000 | 17B THE CRESCENT |
| 30 Aug 2023 | £428,751 | £425,000 | 4 SARACEN CLOSE |
| 21 Jul 2023 | £229,590 | £226,500 | 86 GUILDFORD ROAD |
| 28 Jun 2023 | £374,537 | £370,000 | 16 SARACEN CLOSE |
| 28 Apr 2023 | £351,788 | £348,000 | 5 GUILDFORD ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 18 Oct 2021. Using an estimated price of £389,391 means this house is valued at £6,180 per sq meter (£574 per sq foot).
The average size of a house on SARACEN CLOSE is 85 sq meters (925 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Saracen Close |
| Jan 2024 | Anti-social behaviour | On or near Bell Foundry Close | |
| Jan 2024 | Anti-social behaviour | On or near Bell Foundry Close | |
| Jan 2024 | Anti-social behaviour | On or near Bell Foundry Close | |
| Dec 2023 | Anti-social behaviour | On or near Bell Foundry Close |