£411,450
This estimated value is based upon the latest sale price for the house of £238,000 on 10 Oct 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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201 London Road, Mitcham, CR4 2JD
Phone: 02034630376
| Price Paid | Date |
|---|---|
| £238,000 | 10 Oct 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 832 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 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.878%.Applying this 72.878% change to the original purchase price of £238,000 results in an estimated price of approximately £411,450.
| 10 Oct 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 148.6 | 72.878 % | £238,000 | £173,450 | £411,450 |
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 | 77.712 % | £184,954 | £422,954 |
| 3 Month Average | 72.434 % | £172,393 | £410,393 |
| 6 Month Average | 73.730 % | £175,476 | £413,476 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £417,301 | £410,000 | 35 FERNLEA ROAD |
| 24 Feb 2023 | £499,664 | £500,000 | 4 GUYATT GARDENS |
| 28 Jun 2022 | £431,092 | £425,000 | 9 ORMEROD GARDENS |
| 18 Jun 2021 | £469,404 | £437,500 | 59 FERNLEA ROAD |
| 31 Mar 2020 | £551,632 | £458,000 | 69 FERNLEA ROAD |
This house has a floor area of 77 sq meters or 832 sq feet when measured on 1 Jul 2011. Using an estimated price of £411,450 means this house is valued at £5,318 per sq meter (£494 per sq foot).
The average size of a house on ORMEROD GARDENS is 98 sq meters (1,058 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Fowler Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Tide Close |