£544,054
This estimated value is based upon the latest sale price for the house of £536,000 on 12 Jan 2024. 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 |
---|---|
£536,000 | 12 Jan 2024 |
£227,000 | 28 Jun 2005 |
£150,000 | 25 Jun 2001 |
Semi-Detached |
Freehold |
Floor Area: 105 sq meters or 1,130 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 January 2024 the House Price Index for GREATER LONDON was 146.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.503%.Applying this 1.503% change to the original purchase price of £536,000 results in an estimated price of approximately £544,054.
12 Jan 2024 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 148.6 | 1.503 % | £536,000 | £8,054 | £544,054 |
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 | -61.080 % | £-327,391 | £208,608 |
3 Month Average | 22.489 % | £120,543 | £656,543 |
6 Month Average | -10.832 % | £-58,057 | £477,942 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £406,011 | £400,000 | 87 WESTERN ROAD |
30 Jun 2023 | £300,439 | £296,800 | 35 GILPIN CLOSE |
28 Apr 2023 | £287,091 | £284,000 | 39 GILPIN CLOSE |
26 Aug 2022 | £244,342 | £245,000 | 117 LOWRY CRESCENT |
24 Jun 2022 | £157,222 | £155,000 | 4 GILPIN CLOSE |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 26 Jan 2016.
The average size of a house on WESTERN ROAD is 94 sq meters (1,022 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Under investigation | On or near Lowry Crescent |
Dec 2023 | Violence and sexual offences | Under investigation | On or near Lowry Crescent |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Borough Road |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Oakmead Place |
Jan 2024 | Anti-social behaviour | On or near Oakmead Place |