£424,284
This estimated value is based upon the latest sale price for the house of £337,500 on 1 Dec 2017. 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 |
|---|---|
| £337,500 | 1 Dec 2017 |
| £104,950 | 23 Feb 2001 |
| £58,000 | 17 May 1996 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2017 the House Price Index for GREATER LONDON was 118.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 25.714%.Applying this 25.714% change to the original purchase price of £337,500 results in an estimated price of approximately £424,284.
| 1 Dec 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.2 | 148.6 | 25.714 % | £337,500 | £86,784 | £424,284 |
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 | -30.610 % | £-103,307 | £234,192 |
| 3 Month Average | 2.591 % | £8,745 | £346,245 |
| 6 Month Average | -4.313 % | £-14,556 | £322,943 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Aug 2023 | £420,680 | £417,000 | 2 TAFFY'S HOW |
| 6 Jun 2023 | £293,556 | £290,000 | 102A LOVE LANE |
| 10 Feb 2023 | £274,815 | £275,000 | 51 GLEBE COURT LONDON ROAD |
| 19 Aug 2022 | £284,235 | £285,000 | FLAT 6 GLEBE COURT LONDON ROAD |
| 6 Jul 2022 | £285,769 | £285,000 | 8 WALNUT TREE AVENUE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 13 May 2015. Using an estimated price of £424,285 means this house is valued at £6,061 per sq meter (£563 per sq foot).
The average size of a house on WESTFIELD ROAD is 105 sq meters (1,138 sq feet).
This house is the smallest in the street with a floor area of 70 sq meters (753 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Westfield Road |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Taffy'S How |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Taffy'S How |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Taffy'S How |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Taffy'S How |