£1,203,672
This estimated value is based upon the latest sale price for the house of £642,000 on 26 Apr 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4 Russell Parade, Russell Hill Road, Purley, CR8 2LE
Phone: 02080330761
| Price Paid | Date |
|---|---|
| £642,000 | 26 Apr 2005 |
| £250,000 | 27 Aug 1999 |
| Detached |
| 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 April 2005 the House Price Index for GREATER LONDON was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.488%.Applying this 87.488% change to the original purchase price of £642,000 results in an estimated price of approximately £1,203,672.
| 26 Apr 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.488 % | £642,000 | £561,672 | £1,203,672 |
The Postcode Pricing Model uses changes in average sales price within the CR8 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 | 96.514 % | £619,617 | £1,261,617 |
| 3 Month Average | 68.552 % | £440,101 | £1,082,101 |
| 6 Month Average | 89.493 % | £574,546 | £1,216,546 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £700,767 | £690,000 | 24 HIGHFIELD ROAD |
| 19 Oct 2023 | £920,916 | £900,000 | 26 HIGHFIELD ROAD |
| 11 Aug 2023 | £982,724 | £965,000 | 5 HILLCREST ROAD |
| 15 Jun 2023 | £938,814 | £920,000 | 52 HILLCREST ROAD |
| 9 Jun 2023 | £750,031 | £735,000 | 5 HIGHBARROW CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near The Close |
| Apr 2024 | Burglary | Under investigation | On or near Holmoak Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near High Tree Close |
| Apr 2024 | Other theft | Under investigation | On or near Russell Hill |