£388,831
This estimated value is based upon the latest sale price for the house of £380,000 on 2 Oct 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Stretton Road
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49 Lower Addiscombe,, CR0 6PQ
Phone: 02081667682
| Price Paid | Date |
|---|---|
| £380,000 | 2 Oct 2023 |
| £240,500 | 2 Aug 2007 |
| £110,000 | 10 Nov 2000 |
| Terraced |
| Freehold |
| Floor Area: 73 sq meters or 785 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 October 2023 the House Price Index for GREATER LONDON was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £380,000 results in an estimated price of approximately £388,831.
| 2 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £380,000 | £8,831 | £388,831 |
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 | 11.435 % | £43,452 | £423,452 |
| 3 Month Average | -1.862 % | £-7,075 | £372,924 |
| 6 Month Average | -4.158 % | £-15,800 | £364,199 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £429,431 | £418,530 | 50 EDWARD ROAD |
| 2 Oct 2023 | £388,831 | £380,000 | 76 EDWARD ROAD |
| 28 Apr 2023 | £402,529 | £395,000 | 45 RYMER ROAD |
| 19 Apr 2023 | £458,577 | £450,000 | 49 EDWARD ROAD |
| 31 Mar 2023 | £415,946 | £409,000 | 34 EDWARD ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 4 Oct 2014. Using an estimated price of £388,831 means this house is valued at £5,326 per sq meter (£494 per sq foot).
The average size of a house on EDWARD ROAD is 84 sq meters (905 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Stretton Road |