£461,366
This estimated value is based upon the latest sale price for the house of £425,000 on 17 Sep 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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7-8 Fairgreen Parade, London Road, Mitcham, CR4 3NA
Phone: 02034630264
| Price Paid | Date |
|---|---|
| £425,000 | 17 Sep 2021 |
| £425,000 | 17 Sep 2021 |
| £275,000 | 20 Feb 2015 |
| £20,800 | 4 Mar 1996 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 2021 the House Price Index for GREATER LONDON was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £425,000 results in an estimated price of approximately £461,366.
| 17 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £425,000 | £36,366 | £461,366 |
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 | -15.398 % | £-65,441 | £359,558 |
| 3 Month Average | 0.269 % | £1,141 | £426,141 |
| 6 Month Average | -6.297 % | £-26,760 | £398,239 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £410,418 | £400,000 | 87 WESTERN ROAD |
| 22 Aug 2023 | £495,945 | £487,000 | 13A SEATON ROAD |
| 28 Jul 2022 | £348,492 | £345,000 | FLAT 6 CARROLL COURT SEATON ROAD |
| 8 Apr 2022 | £321,601 | £310,000 | 148 WESTERN ROAD |
| 5 Nov 2021 | £762,664 | £700,000 | 182 WESTERN ROAD |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 25 May 2021.
The average size of a house on PORTLAND ROAD is 88 sq meters (951 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Portland Road | |
| Apr 2024 | Anti-social behaviour | On or near Portland Road | |
| Apr 2024 | Anti-social behaviour | On or near Portland Road | |
| Apr 2024 | Anti-social behaviour | On or near Portland Road | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Brickfield Road |