£391,791
This estimated value is based upon the latest sale price for the house of £300,000 on 16 Dec 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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33 Lower Addiscombe Rd, Croydon, CR0 6PG
Phone: 02080336711
| Price Paid | Date |
|---|---|
| £300,000 | 16 Dec 2016 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 December 2016 the House Price Index for GREATER LONDON was 113.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 30.597%.Applying this 30.597% change to the original purchase price of £300,000 results in an estimated price of approximately £391,791.
| 16 Dec 2016 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.0 | 30.597 % | £300,000 | £91,791 | £391,791 |
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 | 17.297 % | £51,891 | £351,891 |
| 3 Month Average | 11.071 % | £33,213 | £333,213 |
| 6 Month Average | 11.131 % | £33,393 | £333,393 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £217,796 | £215,000 | 6 FLEETWOOD CLOSE |
| 23 Aug 2023 | £281,713 | £280,000 | 38 FLEETWOOD CLOSE |
| 7 Jul 2023 | £524,966 | £520,000 | 172 TURNPIKE LINK |
| 26 Jul 2022 | £70,305 | £70,400 | RIDGE HANGER PARK HILL RISE |
| 25 Jul 2022 | £322,065 | £322,500 | FLAT 1 MAYFAIR COURT, 15 PARK HILL RISE |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 3 Aug 2016. Using an estimated price of £391,792 means this house is valued at £6,529 per sq meter (£606 per sq foot).
The average size of a house on PARK HILL RISE is 87 sq meters (943 sq feet).