£302,525
This estimated value is based upon the latest sale price for the house of £198,000 on 25 Jul 2014. 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 |
|---|---|
| £198,000 | 25 Jul 2014 |
| £165,000 | 20 Mar 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 July 2014 the House Price Index for GREATER LONDON was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £198,000 results in an estimated price of approximately £302,525.
| 25 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £198,000 | £104,525 | £302,525 |
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 | 35.371 % | £70,033 | £268,033 |
| 3 Month Average | 35.409 % | £70,110 | £268,110 |
| 6 Month Average | 39.585 % | £78,378 | £276,378 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2019 | £159,438 | £130,000 | FLAT 101 CITY HOUSE, 420 LONDON ROAD |
| 16 Aug 2019 | £252,266 | £205,000 | FLAT 92 CITY HOUSE, 420 LONDON ROAD |
| 2 Aug 2019 | £247,344 | £201,000 | FLAT 141 CITY HOUSE, 420 LONDON ROAD |
| 31 Jan 2019 | £250,777 | £203,000 | FLAT 65 CITY HOUSE, 420 LONDON ROAD |
| 7 Dec 2018 | £215,876 | £175,000 | FLAT 34 CITY HOUSE, 420 LONDON ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 18 Dec 2020. Using an estimated price of £302,525 means this house is valued at £5,127 per sq meter (£476 per sq foot).
The average size of a house on LONDON ROAD is 57 sq meters (616 sq feet).