£408,454
This estimated value is based upon the latest sale price for the house of £225,000 on 12 Dec 2008. 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 |
|---|---|
| £225,000 | 12 Dec 2008 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 2008 the House Price Index for GREATER LONDON was 81.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 81.535%.Applying this 81.535% change to the original purchase price of £225,000 results in an estimated price of approximately £408,454.
| 12 Dec 2008 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.9 | 148.6 | 81.535 % | £225,000 | £183,454 | £408,454 |
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 | 90.092 % | £202,706 | £427,706 |
| 3 Month Average | 64.916 % | £146,060 | £371,060 |
| 6 Month Average | 63.205 % | £142,211 | £367,211 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Aug 2019 | £252,266 | £205,000 | FLAT 92 CITY HOUSE, 420 LONDON ROAD |
| 31 Jan 2019 | £250,777 | £203,000 | FLAT 65 CITY HOUSE, 420 LONDON ROAD |
| 2 Nov 2018 | £341,954 | £277,500 | FLAT 105 CITY HOUSE, 420 LONDON ROAD |
| 27 Jul 2018 | £256,526 | £207,000 | FLAT 100 CITY HOUSE, 420 LONDON ROAD |
| 22 Mar 2018 | £338,356 | £270,000 | FLAT 190 CITY HOUSE, 420 LONDON ROAD |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 2 Aug 2021. Using an estimated price of £408,455 means this house is valued at £7,165 per sq meter (£665 per sq foot).
The average size of a house on LONDON ROAD is 57 sq meters (616 sq feet).