£424,317
This estimated value is based upon the latest sale price for the house of £134,000 on 20 Dec 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries within the last year on or near Drake Road
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333a London Road, Mitcham, Surrey, CR4 4BE
Phone: 02081667811
| Price Paid | Date |
|---|---|
| £134,000 | 20 Dec 2001 |
| Terraced |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2001 the House Price Index for GREATER LONDON was 46.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 216.655%.Applying this 216.655% change to the original purchase price of £134,000 results in an estimated price of approximately £424,317.
| 20 Dec 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.9 | 148.6 | 216.655 % | £134,000 | £290,317 | £424,317 |
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 | 36.106 % | £48,382 | £182,382 |
| 3 Month Average | 174.670 % | £234,058 | £368,058 |
| 6 Month Average | 157.235 % | £210,694 | £344,694 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £403,530 | £400,000 | 28 WALSINGHAM ROAD |
| 12 Aug 2022 | £553,510 | £555,000 | 3 ASPEN GARDENS |
| 27 Jul 2022 | £535,441 | £534,000 | UNIT 49 GRACE BUSINESS CENTRE, 23 WILLOW LANE |
| 11 Jul 2022 | £481,296 | £480,000 | 37 WALSINGHAM ROAD |
| 24 Jan 2022 | £250,157 | £237,700 | 51 CARSHALTON ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 1 Feb 2017. Using an estimated price of £424,318 means this house is valued at £4,419 per sq meter (£410 per sq foot).
The average size of a house on CARSHALTON ROAD is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Drake Road |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Drake Road |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Drake Road |
| Jan 2024 | Anti-social behaviour | On or near Arney'S Lane | |
| Jan 2024 | Anti-social behaviour | On or near Arney'S Lane |