£257,322
This estimated value is based upon the latest sale price for the house of £162,500 on 7 Feb 2014. 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 |
|---|---|
| £162,500 | 7 Feb 2014 |
| £150,000 | 27 Oct 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 67 sq meters or 721 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 2014 the House Price Index for GREATER LONDON was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £162,500 results in an estimated price of approximately £257,322.
| 7 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £162,500 | £94,822 | £257,322 |
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 | 53.152 % | £86,372 | £248,872 |
| 3 Month Average | 41.543 % | £67,507 | £230,007 |
| 6 Month Average | 50.624 % | £82,263 | £244,763 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jun 2023 | £263,188 | £260,000 | FLAT 24 PAXTON COURT ARMFIELD CRESCENT |
| 28 Feb 2023 | £279,812 | £280,000 | FLAT 34 PAXTON COURT ARMFIELD CRESCENT |
| 18 Oct 2022 | £262,424 | £265,250 | FLAT 2 CONINGSBY COURT ARMFIELD CRESCENT |
| 20 Sep 2022 | £376,956 | £380,000 | 85 FELTHAM ROAD |
| 8 Jul 2022 | £260,702 | £260,000 | FLAT 13 CONINGSBY COURT ARMFIELD CRESCENT |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 29 Jan 2021. Using an estimated price of £257,323 means this house is valued at £3,840 per sq meter (£356 per sq foot).
The average size of a house on ARMFIELD CRESCENT is 69 sq meters (745 sq feet).