£229,935
This estimated value is based upon the latest sale price for the house of £135,000 on 1 Feb 2010. 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 |
|---|---|
| £135,000 | 1 Feb 2010 |
| £128,000 | 8 Nov 2005 |
| £119,950 | 22 Apr 2003 |
| £89,000 | 18 Jan 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 41 sq meters or 441 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 February 2010 the House Price Index for GREATER LONDON was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.322%.Applying this 70.322% change to the original purchase price of £135,000 results in an estimated price of approximately £229,935.
| 1 Feb 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.322 % | £135,000 | £94,935 | £229,935 |
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 | -3.884 % | £-5,243 | £129,756 |
| 3 Month Average | 81.703 % | £110,298 | £245,298 |
| 6 Month Average | 63.825 % | £86,163 | £221,163 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jan 2023 | £243,851 | £245,000 | FLAT 27 LONGLANDS COURT, 2 SPRING GROVE |
| 25 Mar 2022 | £440,411 | £425,000 | 47 SANDY LANE |
| 18 Mar 2022 | £227,978 | £220,000 | FLAT 26 LONGLANDS COURT, 2 SPRING GROVE |
| 4 Sep 2020 | £540,259 | £455,000 | 3 FERNLEA ROAD |
| 25 Jun 2020 | £272,478 | £225,000 | 32 SUMMERHILL WAY |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 14 Jun 2019. Using an estimated price of £229,935 means this house is valued at £5,608 per sq meter (£521 per sq foot).
The average size of a house on SUMMERHILL WAY is 47 sq meters (509 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Summerhill Way |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Slade Way |