£243,851
This estimated value is based upon the latest sale price for the house of £245,000 on 4 Jan 2023. 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 |
---|---|
£245,000 | 4 Jan 2023 |
£235,000 | 13 May 2016 |
£148,750 | 13 Dec 2013 |
£116,000 | 7 Nov 2005 |
£63,500 | 10 Sep 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 37 sq meters or 398 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 January 2023 the House Price Index for GREATER LONDON was 149.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -0.469%.Applying this -0.469% change to the original purchase price of £245,000 results in an estimated price of approximately £243,851.
4 Jan 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 148.6 | -0.469 % | £245,000 | £-1,148 | £243,851 |
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 | -14.688 % | £-35,985 | £209,014 |
3 Month Average | -17.177 % | £-42,084 | £202,915 |
6 Month Average | -18.283 % | £-44,794 | £200,205 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Jan 2023 | £243,851 | £245,000 | FLAT 27 LONGLANDS COURT, 2 SPRING GROVE |
19 Aug 2022 | £413,886 | £415,000 | 16 SPRING GROVE |
18 Mar 2022 | £227,978 | £220,000 | FLAT 26 LONGLANDS COURT, 2 SPRING GROVE |
14 Dec 2021 | £350,340 | £327,000 | 40 SPRING GROVE |
13 Sep 2021 | £474,141 | £440,000 | 36 SPRING GROVE |
This house has a floor area of 37 sq meters or 398 sq feet when measured on 12 Apr 2013. Using an estimated price of £243,851 means this house is valued at £6,590 per sq meter (£612 per sq foot).
The average size of a house on SPRING GROVE is 50 sq meters (544 sq feet).
This house is the smallest in the street with a floor area of 37 sq meters (398 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Summerhill Way |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hasty Close |
Jan 2024 | Burglary | Under investigation | On or near Spring Grove |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Slade Way |