£449,216
This estimated value is based upon the latest sale price for the house of £175,000 on 8 Nov 2002. 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 |
|---|---|
| £175,000 | 8 Nov 2002 |
| £149,950 | 4 Feb 2002 |
| £74,950 | 13 Oct 1997 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,010 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 November 2002 the House Price Index for GREATER LONDON was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £175,000 results in an estimated price of approximately £449,216.
| 8 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.6 | 156.695 % | £175,000 | £274,216 | £449,216 |
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 | 14.301 % | £25,026 | £200,026 |
| 3 Month Average | 134.539 % | £235,443 | £410,443 |
| 6 Month Average | 118.923 % | £208,115 | £383,115 |
| 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 |
| 22 Jul 2022 | £401,080 | £400,000 | 22 DEARN GARDENS |
| 6 Jul 2022 | £285,769 | £285,000 | 8 WALNUT TREE AVENUE |
| 28 Jan 2022 | £231,530 | £220,000 | 58 DE'ARN GARDENS |
This house has a floor area of 93 sq meters or 1,010 sq feet when measured on 17 May 2011. Using an estimated price of £449,216 means this house is valued at £4,787 per sq meter (£444 per sq foot).
The average size of a house on WESTFIELD ROAD is 105 sq meters (1,138 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Westfield Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Supermarket |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Supermarket |
| Jan 2024 | Theft from the person | Investigation complete; no suspect identified | On or near Supermarket |