£325,132
This estimated value is based upon the latest sale price for the house of £139,950 on 3 Jul 2003. 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 |
|---|---|
| £139,950 | 3 Jul 2003 |
| £85,000 | 28 Jan 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 48 sq meters or 527 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 July 2003 the House Price Index for GREATER LONDON was 64.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 132.320%.Applying this 132.320% change to the original purchase price of £139,950 results in an estimated price of approximately £325,132.
| 3 Jul 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 64.0 | 148.6 | 132.320 % | £139,950 | £185,182 | £325,132 |
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 | 8.995 % | £12,588 | £152,538 |
| 3 Month Average | 112.930 % | £158,045 | £297,995 |
| 6 Month Average | 96.270 % | £134,729 | £274,679 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £420,680 | £417,000 | 138 LOWRY CRESCENT |
| 30 Jun 2023 | £300,439 | £296,800 | 35 GILPIN CLOSE |
| 26 Aug 2022 | £244,342 | £245,000 | 117 LOWRY CRESCENT |
| 24 Jun 2022 | £157,222 | £155,000 | 4 GILPIN CLOSE |
| 11 Feb 2022 | £251,687 | £240,000 | 109 LOWRY CRESCENT |
This house has a floor area of 48 sq meters or 527 sq feet when measured on 17 Jul 2010. Using an estimated price of £325,133 means this house is valued at £6,640 per sq meter (£616 per sq foot).
The average size of a house on LOWRY CRESCENT is 50 sq meters (539 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Lowry Crescent |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Lowry Crescent |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Borough Road |