£365,993
This estimated value is based upon the latest sale price for the house of £300,000 on 17 Jun 2020. 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 |
|---|---|
| £300,000 | 17 Jun 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 June 2020 the House Price Index for GREATER LONDON was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £300,000 results in an estimated price of approximately £365,993.
| 17 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £300,000 | £65,993 | £365,993 |
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 | -67.811 % | £-203,431 | £96,568 |
| 3 Month Average | -38.908 % | £-116,723 | £183,276 |
| 6 Month Average | -15.542 % | £-46,626 | £253,373 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £339,716 | £332,000 | FLAT 22 VERDUN HEIGHTS, 14 - 16 FOXLEY LANE |
| 20 Oct 2023 | £140,184 | £137,000 | FLAT 10 REYNARD COURT, 10 FOXLEY LANE |
| 22 Aug 2022 | £532,490 | £530,000 | FLAT 8 KINGSBRIDGE COURT, 1 WOODCOTE VALLEY ROAD |
| 13 May 2022 | £282,356 | £275,000 | FLAT 11 4 WOODCOTE VALLEY ROAD |
| 17 Dec 2021 | £179,165 | £166,000 | FLAT 1 REYNARD COURT, 10 FOXLEY LANE |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 10 Jan 2020. Using an estimated price of £365,994 means this house is valued at £7,176 per sq meter (£666 per sq foot).
The average size of a house on WOODCOTE VALLEY ROAD is 131 sq meters (1,415 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Purley Knoll |
| Apr 2024 | Vehicle crime | Under investigation | On or near Purley Knoll |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Purley Knoll |
| Apr 2024 | Drugs | Under investigation | On or near Banstead Road |
| Apr 2024 | Anti-social behaviour | On or near Banstead Road |