£256,140
This estimated value is based upon the latest sale price for the house of £225,000 on 19 May 2021. 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 |
|---|---|
| £225,000 | 19 May 2021 |
| £163,000 | 4 Oct 2002 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 712 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 May 2021 the House Price Index for GREATER LONDON was 131.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 13.840%.Applying this 13.840% change to the original purchase price of £225,000 results in an estimated price of approximately £256,140.
| 19 May 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 149.7 | 13.840 % | £225,000 | £31,140 | £256,140 |
The Postcode Pricing Model uses changes in average sales price within the CR7 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 | -33.023 % | £-74,301 | £150,698 |
| 3 Month Average | -9.632 % | £-21,672 | £203,327 |
| 6 Month Average | -8.009 % | £-18,020 | £206,979 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £415,548 | £405,000 | 74 KYNASTON AVENUE |
| 31 Oct 2023 | £358,134 | £350,000 | 44 KYNASTON AVENUE |
| 18 Nov 2022 | £413,068 | £415,000 | 134 KYNASTON AVENUE |
| 23 Mar 2022 | £279,774 | £268,000 | 121A ECCLESBOURNE ROAD |
| 17 Dec 2021 | £248,241 | £230,000 | 36 KYNASTON AVENUE |
This house has a floor area of 66 sq meters or 712 sq feet when measured on 23 Jul 2011. Using an estimated price of £256,141 means this house is valued at £3,869 per sq meter (£359 per sq foot).
The average size of a house on KYNASTON AVENUE is 83 sq meters (900 sq feet).