£245,840
This estimated value is based upon the latest sale price for the house of £248,000 on 25 Jan 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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7th Floor, 125 High Street, Croydon, CR0 9XP
Phone: 02080337675
| Price Paid | Date |
|---|---|
| £248,000 | 25 Jan 2023 |
| £195,000 | 23 Dec 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 January 2023 the House Price Index for GREATER LONDON was 149.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.871%.Applying this -0.871% change to the original purchase price of £248,000 results in an estimated price of approximately £245,840.
| 25 Jan 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 148.0 | -0.871 % | £248,000 | £-2,159 | £245,840 |
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 | -29.561 % | £-73,312 | £174,687 |
| 3 Month Average | -7.126 % | £-17,671 | £230,328 |
| 6 Month Average | -12.730 % | £-31,569 | £216,430 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Mar 2024 | £215,729 | £215,000 | FLAT 16 82 PARK LANE |
| 28 Nov 2023 | £435,592 | £430,000 | 37 EDRIDGE ROAD |
| 30 Jun 2023 | £418,392 | £415,000 | 57 EDRIDGE ROAD |
| 25 Jan 2023 | £245,841 | £248,000 | FLAT 13 82 PARK LANE |
| 20 Jan 2023 | £222,050 | £224,000 | FLAT 3 80 PARK LANE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 7 May 2015. Using an estimated price of £245,841 means this house is valued at £5,230 per sq meter (£485 per sq foot).
The average size of a house on PARK LANE is 65 sq meters (707 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Edridge Road |
| Apr 2024 | Anti-social behaviour | On or near Edridge Road | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Edridge Road |
| Feb 2024 | Robbery | Under investigation | On or near Edridge Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Edridge Road |