£489,375
This estimated value is based upon the latest sale price for the house of £270,000 on 4 Nov 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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50 Lower Addiscombe Road, Croydon, CR0 6AA
Phone: 02081667276
| Price Paid | Date |
|---|---|
| £270,000 | 4 Nov 2005 |
| Terraced |
| Freehold |
| Floor Area: 51 sq meters or 550 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 2005 the House Price Index for GREATER LONDON was 82.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 81.250%.Applying this 81.250% change to the original purchase price of £270,000 results in an estimated price of approximately £489,375.
| 4 Nov 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.0 | 148.6 | 81.250 % | £270,000 | £219,375 | £489,375 |
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 | 96.177 % | £259,678 | £529,678 |
| 3 Month Average | 80.778 % | £218,099 | £488,099 |
| 6 Month Average | 82.896 % | £223,819 | £493,819 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £482,138 | £475,000 | 21 CEDAR ROAD |
| 17 Mar 2023 | £545,136 | £540,000 | 39 CEDAR ROAD |
| 20 Jan 2023 | £278,687 | £280,000 | 94A OVAL ROAD |
| 6 Jan 2023 | £379,214 | £381,000 | 65 OVAL ROAD |
| 18 Mar 2022 | £47,668 | £46,000 | 98A OVAL ROAD |
This house has a floor area of 51 sq meters or 550 sq feet when measured on 27 May 2010. Using an estimated price of £489,375 means this house is valued at £9,576 per sq meter (£889 per sq foot).
The average size of a house on OVAL ROAD is 76 sq meters (823 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Cherry Orchard Road | |
| Jan 2024 | Anti-social behaviour | On or near Cherry Orchard Road | |
| Jan 2024 | Anti-social behaviour | On or near Cherry Orchard Road | |
| Jan 2024 | Anti-social behaviour | On or near Cherry Orchard Road | |
| Jan 2024 | Anti-social behaviour | On or near Cherry Orchard Road |