£312,943
This estimated value is based upon the latest sale price for the house of £305,000 on 16 Nov 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Suite 25, 130 Brighton Road, Purley, CR8 4EX
Phone: 02080223948
| Price Paid | Date |
|---|---|
| £305,000 | 16 Nov 2023 |
| £170,000 | 12 Sep 2003 |
| £67,000 | 27 Jun 1996 |
| Terraced |
| Freehold |
| Floor Area: 56 sq meters or 602 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 2023 the House Price Index for GREATER LONDON was 145.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.605%.Applying this 2.605% change to the original purchase price of £305,000 results in an estimated price of approximately £312,943.
| 16 Nov 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 149.7 | 2.605 % | £305,000 | £7,943 | £312,943 |
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 | -41.093 % | £-125,333 | £179,666 |
| 3 Month Average | 0.546 % | £1,664 | £306,664 |
| 6 Month Average | -13.049 % | £-39,797 | £265,202 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jun 2024 | £301,000 | £301,000 | 92 AVELING CLOSE |
| 19 Apr 2024 | £467,056 | £463,000 | 28 AVELING CLOSE |
| 16 Nov 2023 | £312,944 | £305,000 | 89 AVELING CLOSE |
| 10 Feb 2023 | £397,656 | £395,000 | 91 AVELING CLOSE |
| 3 Feb 2023 | £377,522 | £375,000 | 8 AVELING CLOSE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 13 Feb 2012. Using an estimated price of £312,944 means this house is valued at £5,588 per sq meter (£519 per sq foot).
The average size of a house on AVELING CLOSE is 68 sq meters (739 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Reedham Drive |
| Sep 2024 | Anti-social behaviour | On or near Aveling Close | |
| Sep 2024 | Anti-social behaviour | On or near Aveling Close | |
| Jul 2024 | Anti-social behaviour | On or near Aveling Close | |
| Jul 2024 | Anti-social behaviour | On or near Aveling Close |