£164,885
This estimated value is based upon the latest sale price for the house of £135,000 on 25 Oct 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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306 London Road, Croydon, CR0 2TJ
Phone: 02036416260
| Price Paid | Date |
|---|---|
| £135,000 | 25 Oct 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.137%.Applying this 22.137% change to the original purchase price of £135,000 results in an estimated price of approximately £164,885.
| 25 Oct 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.137 % | £135,000 | £29,885 | £164,885 |
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 | -9.331 % | £-12,597 | £122,402 |
| 3 Month Average | 4.382 % | £5,915 | £140,915 |
| 6 Month Average | 0.746 % | £1,007 | £136,007 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £1,260,218 | £1,250,000 | BROADGREEN TAVERN, 296 LONDON ROAD |
| 20 Mar 2023 | £377,038 | £375,000 | 10 SUMNER ROAD |
| 10 Mar 2023 | £392,120 | £390,000 | 312A LONDON ROAD |
| 11 May 2022 | £314,678 | £310,000 | 7 DENNETT ROAD |
| 11 May 2022 | £304,527 | £300,000 | 11 DENNETT ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 18 Feb 2019. Using an estimated price of £164,885 means this house is valued at £2,659 per sq meter (£247 per sq foot).
The average size of a house on LONDON ROAD is 57 sq meters (616 sq feet).