£187,900
This estimated value is based upon the latest sale price for the house of £159,000 on 21 Oct 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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49 Lower Addiscombe,, CR0 6PQ
Phone: 02081667682
| Price Paid | Date |
|---|---|
| £159,000 | 21 Oct 2020 |
| £157,500 | 24 Jul 2020 |
| £92,500 | 2 Nov 2001 |
| £51,000 | 24 Sep 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 54 sq meters or 581 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 2020 the House Price Index for GREATER LONDON was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £159,000 results in an estimated price of approximately £187,900.
| 21 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £159,000 | £28,900 | £187,900 |
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 | 7.471 % | £11,878 | £170,878 |
| 3 Month Average | 4.712 % | £7,491 | £166,491 |
| 6 Month Average | 4.696 % | £7,466 | £166,466 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Oct 2023 | £357,111 | £349,000 | 45 LIMES ROAD |
| 18 Aug 2023 | £116,094 | £114,000 | 78 ARUNDEL ROAD |
| 16 Feb 2023 | £453,026 | £450,000 | 38 ARUNDEL ROAD |
| 6 Jan 2023 | £240,643 | £240,000 | 1 BRATTEN COURT, 34 WESTBURY ROAD |
| 28 Oct 2022 | £337,373 | £338,500 | 7B ARUNDEL ROAD |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 29 Jan 2020. Using an estimated price of £187,901 means this house is valued at £3,479 per sq meter (£323 per sq foot).
The average size of a house on ARUNDEL ROAD is 78 sq meters (840 sq feet).