£484,693
This estimated value is based upon the latest sale price for the house of £415,000 on 4 Nov 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Suite 25, 130 Brighton Road, Purley, CR8 4EX
Phone: 02080223948
| Price Paid | Date |
|---|---|
| £415,000 | 4 Nov 2020 |
| £389,950 | 25 Feb 2016 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 2020 the House Price Index for GREATER LONDON was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £415,000 results in an estimated price of approximately £484,693.
| 4 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £415,000 | £69,693 | £484,693 |
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 | 2.132 % | £8,846 | £423,846 |
| 3 Month Average | -14.501 % | £-60,178 | £354,821 |
| 6 Month Average | -5.927 % | £-24,596 | £390,403 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jun 2024 | £301,000 | £301,000 | 92 AVELING CLOSE |
| 19 Apr 2024 | £467,056 | £463,000 | 28 AVELING CLOSE |
| 18 Aug 2023 | £743,408 | £730,000 | 48 HIGHER DRIVE |
| 17 Mar 2023 | £671,209 | £660,000 | 74B HIGHER DRIVE |
| 5 Aug 2022 | £226,057 | £225,000 | 6 OAKHILL LODGE, 15 REEDHAM DRIVE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 30 May 2020. Using an estimated price of £484,693 means this house is valued at £5,983 per sq meter (£555 per sq foot).
The average size of a house on REEDHAM DRIVE is 93 sq meters (1,001 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Higher Drive |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Aveling Close |