£271,585
This estimated value is based upon the latest sale price for the house of £51,000 on 20 Dec 1996. 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 |
|---|---|
| £51,000 | 20 Dec 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 1996 the House Price Index for GREATER LONDON was 27.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 432.520%.Applying this 432.520% change to the original purchase price of £51,000 results in an estimated price of approximately £271,585.
| 20 Dec 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.5 | 146.7 | 432.520 % | £51,000 | £220,585 | £271,585 |
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 | 150.029 % | £76,514 | £127,514 |
| 3 Month Average | 392.117 % | £199,979 | £250,979 |
| 6 Month Average | 348.646 % | £177,809 | £228,809 |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 18 Sep 2019.
The average size of a house on LOWRY CRESCENT is 50 sq meters (539 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Lowry Crescent |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Lowry Crescent |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Borough Road |