£408,220
This estimated value is based upon the latest sale price for the house of £300,000 on 31 Mar 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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292 London Road, Croydon, CR0 2TG
Phone: 02081284477
| Price Paid | Date |
|---|---|
| £300,000 | 31 Mar 2016 |
| £242,500 | 3 Apr 2014 |
| £156,000 | 29 Mar 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 March 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £300,000 results in an estimated price of approximately £408,220.
| 31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £300,000 | £108,220 | £408,220 |
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 | 16.727 % | £50,181 | £350,181 |
| 3 Month Average | 15.748 % | £47,244 | £347,244 |
| 6 Month Average | 20.061 % | £60,182 | £360,182 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Apr 2024 | £337,935 | £335,000 | 6 SUMNER ROAD |
| 20 Mar 2023 | £381,369 | £375,000 | 10 SUMNER ROAD |
| 7 Apr 2022 | £230,308 | £222,000 | FLAT 93 GARY COURT, 189 LONDON ROAD |
| 3 Dec 2021 | £278,461 | £258,000 | 15 CAVENDISH ROAD |
| 6 Aug 2020 | £12,079 | £10,000 | 282 LONDON ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 20 Jan 2020. Using an estimated price of £408,221 means this house is valued at £6,003 per sq meter (£557 per sq foot).
The average size of a house on LONDON ROAD is 57 sq meters (616 sq feet).