£280,103
This estimated value is based upon the latest sale price for the house of £270,000 on 4 Apr 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4 Russell Parade, Russell Hill Road, Purley, CR8 2LE
Phone: 02080330761
Price Paid | Date |
---|---|
£270,000 | 4 Apr 2022 |
£245,000 | 16 Jan 2015 |
£205,000 | 14 Dec 2007 |
£167,000 | 29 Oct 2002 |
£86,000 | 17 Apr 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 64 sq meters or 688 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 April 2022 the House Price Index for GREATER LONDON was 144.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 3.742%.Applying this 3.742% change to the original purchase price of £270,000 results in an estimated price of approximately £280,103.
4 Apr 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
144.3 | 149.7 | 3.742 % | £270,000 | £10,103 | £280,103 |
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 | 8.906 % | £24,045 | £294,045 |
3 Month Average | 2.463 % | £6,648 | £276,648 |
6 Month Average | -4.085 % | £-11,030 | £258,969 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Dec 2023 | £299,194 | £290,000 | FLAT 5 FRENCH APARTMENTS LANSDOWNE ROAD |
20 Jul 2022 | £459,605 | £455,000 | FLAT 14 FRENCH APARTMENTS LANSDOWNE ROAD |
4 Apr 2022 | £280,104 | £270,000 | FLAT 17 FRENCH APARTMENTS LANSDOWNE ROAD |
29 Oct 2021 | £445,867 | £400,000 | 14 LANSDOWNE ROAD |
20 Oct 2021 | £189,494 | £170,000 | FLAT 2 53 BRIGHTON ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 18 Apr 2013. Using an estimated price of £280,104 means this house is valued at £4,376 per sq meter (£406 per sq foot).
The average size of a house on LANSDOWNE ROAD is 77 sq meters (837 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Lansdowne Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Lansdowne Road |
Apr 2024 | Vehicle crime | Under investigation | On or near Purley Rise |
Apr 2024 | Anti-social behaviour | On or near Brighton Road | |
Apr 2024 | Burglary | Under investigation | On or near Brighton Road |