£351,743
This estimated value is based upon the latest sale price for the house of £193,000 on 7 Oct 2005. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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7-8 Fairgreen Parade, London Road, Mitcham, CR4 3NA
Phone: 02034630264
| Price Paid | Date |
|---|---|
| £193,000 | 7 Oct 2005 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 871 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 October 2005 the House Price Index for GREATER LONDON was 81.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 82.250%.Applying this 82.250% change to the original purchase price of £193,000 results in an estimated price of approximately £351,743.
| 7 Oct 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.5 | 148.6 | 82.250 % | £193,000 | £158,743 | £351,743 |
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 | 86.265 % | £166,490 | £359,490 |
| 3 Month Average | 76.676 % | £147,984 | £340,984 |
| 6 Month Average | 86.213 % | £166,391 | £359,391 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £484,168 | £477,000 | 32 HEYFORD ROAD |
| 29 Nov 2023 | £406,011 | £400,000 | 87 WESTERN ROAD |
| 1 Sep 2023 | £501,411 | £495,000 | 20 HEYFORD ROAD |
| 22 Mar 2023 | £1,514 | £1,500 | 15 HEYFORD ROAD |
| 6 Jan 2023 | £507,609 | £510,000 | 6 HEYFORD ROAD |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 31 May 2018. Using an estimated price of £351,743 means this house is valued at £4,342 per sq meter (£403 per sq foot).
The average size of a house on WESTERN ROAD is 94 sq meters (1,022 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Heyford Road | |
| Jan 2024 | Anti-social behaviour | On or near Heyford Road | |
| Jan 2024 | Anti-social behaviour | On or near Heyford Road | |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Heyford Road |
| Dec 2023 | Anti-social behaviour | On or near Heyford Road |