£481,806
This estimated value is based upon the latest sale price for the house of £390,000 on 24 Oct 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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8 The Forestdale Centre, Featherbed Lane, Croydon, CR0 9AS
Phone: 02034783503
| Price Paid | Date |
|---|---|
| £390,000 | 24 Oct 2019 |
| £228,750 | 29 Jul 2010 |
| Terraced |
| Freehold |
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 £390,000 results in an estimated price of approximately £481,806.
| 24 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £390,000 | £91,806 | £481,806 |
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 | 24.649 % | £96,131 | £486,131 |
| 3 Month Average | 6.776 % | £26,425 | £416,425 |
| 6 Month Average | 6.274 % | £24,466 | £414,466 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £263,084 | £255,000 | 90 SORREL BANK |
| 1 Nov 2023 | £377,585 | £368,000 | 101 SORREL BANK |
| 22 Sep 2023 | £429,467 | £420,000 | 6 SORREL BANK |
| 6 Apr 2023 | £433,101 | £425,000 | 48 SORREL BANK |
| 14 Mar 2023 | £452,558 | £445,000 | 177 SORREL BANK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Under investigation | On or near Peacock Gardens |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Peacock Gardens |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Peacock Gardens |
| Sep 2024 | Drugs | Under investigation | On or near Sorrel Bank |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Sorrel Bank |