£561,713
This estimated value is based upon the latest sale price for the house of £450,000 on 5 Apr 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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201 London Road, Mitcham, CR4 2JD
Phone: 02034630376
Price Paid | Date |
---|---|
£450,000 | 5 Apr 2018 |
£84,995 | 24 Nov 1995 |
Terraced |
Freehold |
Floor Area: 74 sq meters or 796 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 April 2018 the House Price Index for GREATER LONDON was 119.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.825%.Applying this 24.825% change to the original purchase price of £450,000 results in an estimated price of approximately £561,713.
5 Apr 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.0 | 148.6 | 24.825 % | £450,000 | £111,713 | £561,713 |
The Postcode Pricing Model uses changes in average sales price within the CR4 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 | -52.877 % | £-237,946 | £212,053 |
3 Month Average | -0.871 % | £-3,920 | £446,079 |
6 Month Average | -11.049 % | £-49,722 | £400,277 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2024 | £127,000 | £127,000 | GROUND FLOOR FLAT AT 66 GRAHAM ROAD |
5 Sep 2023 | £506,425 | £499,950 | 38 GRAHAM ROAD |
4 Aug 2023 | £489,280 | £485,000 | 15 PEARCE CLOSE |
17 Apr 2023 | £500,388 | £495,000 | 34 GRAHAM ROAD |
4 Jul 2022 | £516,390 | £515,000 | 59 GRAHAM ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 21 Aug 2015. Using an estimated price of £561,713 means this house is valued at £7,590 per sq meter (£705 per sq foot).
The average size of a house on PEARCE CLOSE is 63 sq meters (688 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pearce Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pearce Close |
Dec 2023 | Anti-social behaviour | On or near Kennedy Close | |
Dec 2023 | Anti-social behaviour | On or near Kennedy Close | |
Dec 2023 | Anti-social behaviour | On or near Kennedy Close |