£621,675
This estimated value is based upon the latest sale price for the house of £410,000 on 5 Sep 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 |
|---|---|
| £410,000 | 5 Sep 2014 |
| Terraced |
| Freehold |
| Floor Area: 108 sq meters or 1,162 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 2014 the House Price Index for GREATER LONDON was 98.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 51.628%.Applying this 51.628% change to the original purchase price of £410,000 results in an estimated price of approximately £621,675.
| 5 Sep 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 98.7 | 149.7 | 51.628 % | £410,000 | £211,675 | £621,675 |
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 | 18.404 % | £75,457 | £485,457 |
| 3 Month Average | 32.079 % | £131,524 | £541,524 |
| 6 Month Average | 36.823 % | £150,975 | £560,975 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2024 | £475,000 | £475,000 | 66 OAKMEAD PLACE |
| 20 Aug 2021 | £179,820 | £160,000 | 38 SILBURY AVENUE |
| 19 Aug 2021 | £307,660 | £273,750 | 198 LAVENDER AVENUE |
| 27 May 2021 | £430,316 | £378,000 | 166 LAVENDER AVENUE |
| 27 Nov 2020 | £397,098 | £340,000 | 23 TYRRELL SQUARE |
This house has a floor area of 108 sq meters or 1,162 sq feet when measured on 21 Jul 2014. Using an estimated price of £621,675 means this house is valued at £5,756 per sq meter (£534 per sq foot).
The average size of a house on OAKMEAD PLACE is 69 sq meters (744 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Oakmead Place |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Oakmead Place |
| Oct 2024 | Drugs | Under investigation | On or near Oakmead Place |
| Oct 2024 | Anti-social behaviour | On or near Oakmead Place | |
| Oct 2024 | Anti-social behaviour | On or near Oakmead Place |