£319,752
This estimated value is based upon the latest sale price for the house of £172,500 on 18 Jun 2009. 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 |
---|---|
£172,500 | 18 Jun 2009 |
Flats/Maisonettes |
Leasehold |
Floor Area: 72 sq meters or 775 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 June 2009 the House Price Index for GREATER LONDON was 80.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.364%.Applying this 85.364% change to the original purchase price of £172,500 results in an estimated price of approximately £319,752.
18 Jun 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.8 | 149.7 | 85.364 % | £172,500 | £147,252 | £319,752 |
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 | 112.426 % | £193,935 | £366,435 |
3 Month Average | 106.951 % | £184,489 | £356,989 |
6 Month Average | 104.462 % | £180,196 | £352,696 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Apr 2024 | £201,752 | £200,000 | 60 GRAHAM AVENUE |
31 Oct 2023 | £634,409 | £620,000 | 52 GRAHAM ROAD |
9 Oct 2023 | £255,810 | £250,000 | FLAT 2 EVE COURT, 64 GRAHAM ROAD |
5 Sep 2023 | £511,219 | £499,950 | 38 GRAHAM ROAD |
17 Apr 2023 | £504,435 | £495,000 | 34 GRAHAM ROAD |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 23 Oct 2019. Using an estimated price of £319,753 means this house is valued at £4,441 per sq meter (£412 per sq foot).
The average size of a house on GRAHAM AVENUE is 63 sq meters (679 sq feet).