£1,002,429
This estimated value is based upon the latest sale price for the house of £817,000 on 20 Sep 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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47-49 Mitcham Road, Tooting, SW17 9PB
Phone: 02036415450
Price Paid | Date |
---|---|
£817,000 | 20 Sep 2019 |
£415,000 | 21 Dec 2011 |
£245,000 | 12 Jul 2002 |
Terraced |
Freehold |
Floor Area: 92 sq meters or 999 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 September 2019 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 22.696%.Applying this 22.696% change to the original purchase price of £817,000 results in an estimated price of approximately £1,002,429.
20 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.1 | 148.6 | 22.696 % | £817,000 | £185,429 | £1,002,429 |
The Postcode Pricing Model uses changes in average sales price within the SW17 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 | 32.723 % | £267,344 | £1,084,344 |
3 Month Average | 33.713 % | £275,436 | £1,092,436 |
6 Month Average | 22.366 % | £182,732 | £999,732 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £661,575 | £650,000 | 61 VALNAY STREET |
14 Dec 2023 | £783,712 | £770,000 | 284 FRANCISCAN ROAD |
15 Sep 2023 | £848,347 | £837,500 | 71 VALNAY STREET |
7 Sep 2023 | £455,828 | £450,000 | FLAT A 37 VALNAY STREET |
3 Mar 2023 | £613,783 | £608,000 | FLAT 1 19 UNDINE STREET |
This house has a floor area of 92 sq meters or 999 sq feet when measured on 27 Oct 2011. Using an estimated price of £1,002,430 means this house is valued at £10,795 per sq meter (£1,002 per sq foot).
The average size of a house on VALNAY STREET is 95 sq meters (1,030 sq feet).