£285,082
This estimated value is based upon the latest sale price for the house of £165,000 on 25 Jan 2010. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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33 Lower Addiscombe Rd, Croydon, CR0 6PG
Phone: 02080336711
Price Paid | Date |
---|---|
£165,000 | 25 Jan 2010 |
£43,000 | 29 Sep 1995 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 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 January 2010 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.777%.Applying this 72.777% change to the original purchase price of £165,000 results in an estimated price of approximately £285,082.
25 Jan 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 149.7 | 72.777 % | £165,000 | £120,082 | £285,082 |
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 | 82.458 % | £136,056 | £301,056 |
3 Month Average | 91.036 % | £150,209 | £315,209 |
6 Month Average | 88.726 % | £146,398 | £311,398 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Nov 2023 | £235,990 | £230,000 | FLAT E BRIDGET HOUSE, 25 ELGIN ROAD |
30 Mar 2023 | £246,110 | £242,000 | FLAT 3 14 ELGIN ROAD |
17 Feb 2023 | £239,601 | £238,000 | 31A ELGIN ROAD |
1 Nov 2022 | £597,207 | £600,000 | 148 LOWER ADDISCOMBE ROAD |
18 Mar 2022 | £212,440 | £203,500 | FLAT 1 45 ELGIN ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 3 Jun 2014. Using an estimated price of £285,083 means this house is valued at £5,090 per sq meter (£472 per sq foot).
The average size of a house on ELGIN ROAD is 77 sq meters (833 sq feet).