£324,654
This estimated value is based upon the latest sale price for the house of £168,500 on 18 Aug 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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333a London Road, Mitcham, Surrey, CR4 4BE
Phone: 02081667811
| Price Paid | Date |
|---|---|
| £168,500 | 18 Aug 2004 |
| £97,000 | 18 May 2001 |
| Terraced |
| Freehold |
| Floor Area: 79 sq meters or 850 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 August 2004 the House Price Index for GREATER LONDON was 77.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 92.673%.Applying this 92.673% change to the original purchase price of £168,500 results in an estimated price of approximately £324,654.
| 18 Aug 2004 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.1 | 148.6 | 92.673 % | £168,500 | £156,154 | £324,654 |
The Postcode Pricing Model uses changes in average sales price within the SM5 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 | 67.000 % | £112,894 | £281,394 |
| 3 Month Average | 101.869 % | £171,648 | £340,148 |
| 6 Month Average | 120.612 % | £203,230 | £371,730 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £431,812 | £426,000 | 49 ST ALBANS GROVE |
| 30 Jun 2023 | £344,169 | £340,000 | 244 WELBECK ROAD |
| 24 Feb 2023 | £374,748 | £375,000 | 191 THORNTON ROAD |
| 15 Oct 2021 | £389,480 | £352,000 | 281 WELBECK ROAD |
| 15 Sep 2021 | £307,114 | £285,000 | 250 WELBECK ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 27 Jul 2015. Using an estimated price of £324,654 means this house is valued at £4,109 per sq meter (£381 per sq foot).
The average size of a house on WELBECK ROAD is 69 sq meters (751 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Lark Way |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Blake Close |