£637,081
This estimated value is based upon the latest sale price for the house of £607,500 on 3 Feb 2022. 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 |
---|---|
£607,500 | 3 Feb 2022 |
£390,000 | 18 Dec 2018 |
Terraced |
Freehold |
Floor Area: 78 sq meters or 839 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 2022 the House Price Index for GREATER LONDON was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £607,500 results in an estimated price of approximately £637,081.
3 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
141.7 | 148.6 | 4.869 % | £607,500 | £29,581 | £637,081 |
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 | -7.864 % | £-47,775 | £559,724 |
3 Month Average | -15.513 % | £-94,239 | £513,260 |
6 Month Average | -9.320 % | £-56,616 | £550,883 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £417,301 | £410,000 | 35 FERNLEA ROAD |
4 Aug 2023 | £489,280 | £485,000 | 15 PEARCE CLOSE |
27 Jan 2023 | £559,365 | £562,000 | 13 GRAHAM AVENUE |
26 Jul 2022 | £721,943 | £720,000 | 6 GRAHAM AVENUE |
3 Feb 2022 | £637,082 | £607,500 | 81 FERNLEA ROAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 31 Jan 2018. Using an estimated price of £637,082 means this house is valued at £8,167 per sq meter (£758 per sq foot).
The average size of a house on FERNLEA ROAD is 92 sq meters (993 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Fernlea Road |
Mar 2024 | Vehicle crime | Under investigation | On or near Fernlea Road |
Apr 2024 | Other theft | Under investigation | On or near Pearce Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pearce Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Pearce Close |