£965,980
This estimated value is based upon the latest sale price for the house of £895,000 on 15 Dec 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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152 - 160 City Road, CR8 4JE
Phone: 02081663093
Price Paid | Date |
---|---|
£895,000 | 15 Dec 2021 |
Detached |
Freehold |
Floor Area: 173 sq meters or 1,862 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 December 2021 the House Price Index for GREATER LONDON was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £895,000 results in an estimated price of approximately £965,980.
15 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
138.7 | 149.7 | 7.931 % | £895,000 | £70,980 | £965,980 |
The Postcode Pricing Model uses changes in average sales price within the CR8 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 | -14.902 % | £-133,374 | £761,625 |
3 Month Average | -3.429 % | £-30,691 | £864,308 |
6 Month Average | -6.951 % | £-62,208 | £832,791 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £3,539,856 | £3,450,000 | 5 WOODCOTE LANE |
17 Aug 2023 | £2,545,918 | £2,500,000 | WOODCOTE GRANGE, 18 WOODCOTE LANE |
25 Oct 2022 | £456,475 | £458,000 | FLAT 5 HIGHGATE HOUSE, 35A SMITHAM BOTTOM LANE |
26 Aug 2022 | £949,440 | £945,000 | 15 SMITHAM BOTTOM LANE |
26 May 2022 | £477,438 | £465,000 | FLAT 9 HIGHGATE HOUSE, 35A SMITHAM BOTTOM LANE |
This house has a floor area of 173 sq meters or 1,862 sq feet when measured on 8 Sep 2021. Using an estimated price of £965,981 means this house is valued at £5,583 per sq meter (£518 per sq foot).
The average size of a house on SMITHAM BOTTOM LANE is 200 sq meters (2,154 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Elton Road |
Apr 2024 | Vehicle crime | Under investigation | On or near Woodcote Road |
Apr 2024 | Public order | Under investigation | On or near Meadow Hill |