£531,140
This estimated value is based upon the latest sale price for the house of £487,500 on 9 Nov 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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362 Brighton Road, South Croydon,, CR2 6AL
Phone: 02080338911
| Price Paid | Date |
|---|---|
| £487,500 | 9 Nov 2021 |
| Terraced |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 November 2021 the House Price Index for GREATER LONDON was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £487,500 results in an estimated price of approximately £531,140.
| 9 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £487,500 | £43,640 | £531,140 |
The Postcode Pricing Model uses changes in average sales price within the CR2 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 | -8.466 % | £-41,274 | £446,225 |
| 3 Month Average | -13.162 % | £-64,165 | £423,334 |
| 6 Month Average | 23.268 % | £113,431 | £600,931 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £255,635 | £250,000 | 88 GRANGE ROAD |
| 31 Mar 2023 | £457,643 | £450,000 | 66 GRANGE ROAD |
| 7 Feb 2023 | £518,463 | £515,000 | 63 GRANGE ROAD |
| 25 Aug 2022 | £419,461 | £417,500 | 17 ALLENBY AVENUE |
| 19 Aug 2022 | £321,503 | £320,000 | FLAT 8 TRAM HOUSE, 2 ALLENBY AVENUE |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 22 Jul 2021. Using an estimated price of £531,141 means this house is valued at £5,258 per sq meter (£488 per sq foot).
The average size of a house on GRANGE ROAD is 103 sq meters (1,116 sq feet).