£320,238
This estimated value is based upon the latest sale price for the house of £260,000 on 5 Apr 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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333a London Road, Mitcham, Surrey, CR4 4BE
Phone: 02081667811
| Price Paid | Date |
|---|---|
| £260,000 | 5 Apr 2019 |
| £210,000 | 4 Sep 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 April 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.169%.Applying this 23.169% change to the original purchase price of £260,000 results in an estimated price of approximately £320,238.
| 5 Apr 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.169 % | £260,000 | £60,238 | £320,238 |
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 | -2.527 % | £-6,570 | £253,429 |
| 3 Month Average | -3.476 % | £-9,037 | £250,962 |
| 6 Month Average | 0.296 % | £769 | £260,769 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Jul 2023 | £535,061 | £530,000 | 12 BARON GROVE |
| 7 Mar 2023 | £759,103 | £755,000 | 31 BARON GROVE |
| 25 Mar 2022 | £464,435 | £450,000 | 398 LONDON ROAD |
| 25 Mar 2022 | £186,806 | £181,000 | 396 LONDON ROAD |
| 25 Mar 2022 | £192,999 | £187,000 | 394 LONDON ROAD |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 14 Aug 2015. Using an estimated price of £320,238 means this house is valued at £6,813 per sq meter (£633 per sq foot).
The average size of a house on LONDON ROAD is 68 sq meters (735 sq feet).