£982,063
This estimated value is based upon the latest sale price for the house of £800,000 on 15 Apr 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 |
|---|---|
| £800,000 | 15 Apr 2020 |
| Freehold |
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 April 2020 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.758%.Applying this 22.758% change to the original purchase price of £800,000 results in an estimated price of approximately £982,063.
| 15 Apr 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.758 % | £800,000 | £182,063 | £982,063 |
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 | -56.354 % | £-450,830 | £349,170 |
| 3 Month Average | -6.300 % | £-50,399 | £749,600 |
| 6 Month Average | -11.776 % | £-94,206 | £705,793 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £163,867 | £161,000 | FLAT 4 FOUNTAIN HOUSE SADLER CLOSE |
| 11 Mar 2023 | £1,262,898 | £1,251,000 | 238 - 240 LONDON ROAD |
| 30 Jan 2023 | £447,890 | £450,000 | 241 LONDON ROAD |
| 5 Jan 2023 | £225,936 | £227,000 | FLAT A 242 LONDON ROAD |
| 9 Nov 2022 | £153,145 | £155,000 | FLAT 29 FAIR GREEN COURT LONDON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Shoplifting | Under investigation | On or near Upper Green West |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Upper Green West |
| Jan 2024 | Public order | Under investigation | On or near Upper Green West |
| Dec 2023 | Drugs | Investigation complete; no suspect identified | On or near Upper Green West |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Upper Green West |