£331,210
This estimated value is based upon the latest sale price for the house of £200,000 on 13 Sep 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2-3 The Exchange Purley Road, Purley, CR8 2HA
Phone: 02034630116
Price Paid | Date |
---|---|
£200,000 | 13 Sep 2013 |
£199,950 | 11 Feb 2008 |
£180,000 | 28 Mar 2003 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 September 2013 the House Price Index for GREATER LONDON was 90.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 65.605%.Applying this 65.605% change to the original purchase price of £200,000 results in an estimated price of approximately £331,210.
13 Sep 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.4 | 149.7 | 65.605 % | £200,000 | £131,210 | £331,210 |
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 | 42.754 % | £85,507 | £285,507 |
3 Month Average | 35.434 % | £70,868 | £270,868 |
6 Month Average | 58.249 % | £116,498 | £316,498 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jan 2023 | £651,741 | £650,000 | 11 FOXLEY HILL ROAD |
21 Nov 2022 | £121,930 | £122,500 | 6 ADAMS COURT, 3 FOXLEY HILL ROAD |
28 Jun 2022 | £804,701 | £787,500 | 13 DALE ROAD |
16 Dec 2021 | £393,947 | £365,000 | 7 FOXLEY LODGE DALE ROAD |
22 Jul 2021 | £549,942 | £475,000 | 21 FOXLEY HILL ROAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 12 Jun 2013. Using an estimated price of £331,210 means this house is valued at £5,257 per sq meter (£488 per sq foot).
The average size of a house on GODSTONE ROAD is 82 sq meters (892 sq feet).