£327,517
This estimated value is based upon the latest sale price for the house of £282,500 on 27 Nov 2020. 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 |
|---|---|
| £282,500 | 27 Nov 2020 |
| £306,000 | 23 Feb 2018 |
| £212,000 | 18 Feb 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 63 sq meters or 678 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 November 2020 the House Price Index for GREATER LONDON was 128.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 15.935%.Applying this 15.935% change to the original purchase price of £282,500 results in an estimated price of approximately £327,517.
| 27 Nov 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 148.6 | 15.935 % | £282,500 | £45,017 | £327,517 |
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 | -45.195 % | £-127,675 | £154,824 |
| 3 Month Average | -0.749 % | £-2,115 | £280,384 |
| 6 Month Average | -12.522 % | £-35,375 | £247,124 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 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 |
| 6 May 2022 | £407,682 | £400,000 | 27 GILPIN CLOSE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 21 May 2020. Using an estimated price of £327,517 means this house is valued at £5,198 per sq meter (£482 per sq foot).
The average size of a house on LOWRY CRESCENT is 50 sq meters (539 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Borough Road |
| 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 |