£179,553
This estimated value is based upon the latest sale price for the house of £52,000 on 23 May 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1057 London Road, Thornton Heath, CR7 6JG
Phone: 02077682327
| Price Paid | Date |
|---|---|
| £52,000 | 23 May 2001 |
| Flats/Maisonettes |
| Leasehold |
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 2001 the House Price Index for GREATER LONDON was 43.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 245.295%.Applying this 245.295% change to the original purchase price of £52,000 results in an estimated price of approximately £179,553.
| 23 May 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.4 | 149.7 | 245.295 % | £52,000 | £127,553 | £179,553 |
The Postcode Pricing Model uses changes in average sales price within the CR4 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 | 241.198 % | £125,422 | £177,422 |
| 3 Month Average | 221.171 % | £115,008 | £167,008 |
| 6 Month Average | 241.192 % | £125,419 | £177,419 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £390,000 | £390,000 | 42 MONTGOMERY CLOSE |
| 21 Oct 2022 | £398,668 | £400,000 | 84 LINDSEY CLOSE |
| 17 Jan 2022 | £371,069 | £350,000 | 41 MONTGOMERY CLOSE |
| 9 Dec 2021 | £215,862 | £200,000 | 21 KENT CLOSE |
| 3 Sep 2021 | £401,661 | £370,000 | 57 LINDSEY CLOSE |