£215,314
This estimated value is based upon the latest sale price for the house of £124,000 on 16 Dec 2011. 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 |
---|---|
£124,000 | 16 Dec 2011 |
£85,000 | 21 Jan 2002 |
£60,000 | 26 Aug 1999 |
£41,500 | 13 Mar 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 32 sq meters or 344 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 December 2011 the House Price Index for GREATER LONDON was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £124,000 results in an estimated price of approximately £215,314.
16 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.641 % | £124,000 | £91,314 | £215,314 |
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 | 76.180 % | £94,463 | £218,463 |
3 Month Average | 83.628 % | £103,698 | £227,698 |
6 Month Average | 88.207 % | £109,376 | £233,376 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jun 2024 | £475,000 | £475,000 | 66 OAKMEAD PLACE |
14 Jun 2022 | £284,072 | £278,000 | 346 HEATHFIELD DRIVE |
19 Aug 2021 | £307,660 | £273,750 | 198 LAVENDER AVENUE |
27 May 2021 | £430,316 | £378,000 | 166 LAVENDER AVENUE |
12 Dec 2019 | £457,263 | £370,000 | 20 OAKMEAD PLACE |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 19 Oct 2011. Using an estimated price of £215,315 means this house is valued at £6,728 per sq meter (£625 per sq foot).
The average size of a house on LAVENDER AVENUE is 80 sq meters (866 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Oakmead Place |
Oct 2024 | Anti-social behaviour | On or near Oakmead Place | |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Oakmead Place |
Oct 2024 | Anti-social behaviour | On or near Oakmead Place | |
Oct 2024 | Public order | Unable to prosecute suspect | On or near Oakmead Place |