£586,088
This estimated value is based upon the latest sale price for the house of £575,000 on 7 Dec 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 |
|---|---|
| £575,000 | 7 Dec 2023 |
| Detached |
| Freehold |
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 2023 the House Price Index for GREATER LONDON was 145.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.928%.Applying this 1.928% change to the original purchase price of £575,000 results in an estimated price of approximately £586,088.
| 7 Dec 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.2 | 148.0 | 1.928 % | £575,000 | £11,088 | £586,088 |
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 | 100.521 % | £577,996 | £1,152,996 |
| 3 Month Average | 26.784 % | £154,009 | £729,009 |
| 6 Month Average | 3.868 % | £22,238 | £597,238 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £586,088 | £575,000 | 9 MONAHAN AVENUE |
| 31 Aug 2023 | £1,089,542 | £1,082,916 | 54 WOODCOTE VALLEY ROAD |
| 15 Jun 2023 | £838,801 | £832,000 | 40A MONAHAN AVENUE |
| 26 Oct 2022 | £1,129,214 | £1,146,000 | 13 MONAHAN AVENUE |
| 2 Sep 2022 | £926,235 | £937,500 | 89 WOODCOTE VALLEY ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Monahan Avenue |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Monahan Avenue |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Hill Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chichester Drive |
| Mar 2024 | Vehicle crime | Under investigation | On or near Chichester Drive |