£245,448
This estimated value is based upon the latest sale price for the house of £235,000 on 4 Feb 2022. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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50 Lower Addiscombe Road, Croydon, CR0 6AA
Phone: 02081667276
| Price Paid | Date |
|---|---|
| £235,000 | 4 Feb 2022 |
| £175,000 | 4 Aug 2010 |
| £160,000 | 24 Feb 2006 |
| 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 February 2022 the House Price Index for GREATER LONDON was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £235,000 results in an estimated price of approximately £245,448.
| 4 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.0 | 4.446 % | £235,000 | £10,448 | £245,448 |
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 | -19.008 % | £-44,669 | £190,330 |
| 3 Month Average | 8.727 % | £20,509 | £255,509 |
| 6 Month Average | -0.787 % | £-1,848 | £233,151 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Feb 2022 | £470,007 | £450,000 | 10 ALPHA ROAD |
| 14 Feb 2022 | £412,562 | £395,000 | 21 LESLIE GROVE |
| 4 Feb 2022 | £245,448 | £235,000 | FLAT 4 GATEWAY APARTMENTS, 31 ALPHA ROAD |
| 3 Dec 2021 | £544,196 | £510,000 | 55 LESLIE GROVE |
| 1 Dec 2021 | £274,766 | £257,500 | FLAT 3 GATEWAY APARTMENTS, 31 ALPHA ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 3 Nov 2021. Using an estimated price of £245,448 means this house is valued at £3,958 per sq meter (£367 per sq foot).
The average size of a house on ALPHA ROAD is 79 sq meters (858 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Alpha Road |
| Feb 2024 | Anti-social behaviour | On or near Leslie Grove | |
| Feb 2024 | Anti-social behaviour | On or near Leslie Grove |