£233,784
This estimated value is based upon the latest sale price for the house of £186,000 on 13 Oct 2017. 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 |
---|---|
£186,000 | 13 Oct 2017 |
£119,950 | 28 Nov 2014 |
Flats/Maisonettes |
Leasehold |
Floor Area: 24 sq meters or 266 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 October 2017 the House Price Index for GREATER LONDON was 117.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 25.690%.Applying this 25.690% change to the original purchase price of £186,000 results in an estimated price of approximately £233,784.
13 Oct 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.7 | 148.0 | 25.690 % | £186,000 | £47,784 | £233,784 |
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 | -6.595 % | £-12,266 | £173,733 |
3 Month Average | -0.184 % | £-341 | £185,658 |
6 Month Average | 1.465 % | £2,725 | £188,725 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £299,226 | £296,800 | 35 GILPIN CLOSE |
28 Apr 2023 | £286,127 | £284,000 | 39 GILPIN CLOSE |
26 Aug 2022 | £243,356 | £245,000 | 117 LOWRY CRESCENT |
24 Jun 2022 | £156,587 | £155,000 | 4 GILPIN CLOSE |
6 May 2022 | £406,036 | £400,000 | 27 GILPIN CLOSE |
This house has a floor area of 24 sq meters or 266 sq feet when measured on 12 Feb 2009. Using an estimated price of £233,784 means this house is valued at £9,426 per sq meter (£875 per sq foot).
The average size of a house on GILPIN CLOSE is 39 sq meters (428 sq feet).
This house is the smallest in the street with a floor area of 24 sq meters (266 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Public order | Under investigation | On or near Gilpin Close |
Mar 2024 | Theft from the person | Under investigation | On or near Gilpin Close |
Apr 2024 | Anti-social behaviour | On or near Lowry Crescent | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Lowry Crescent |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Lowry Crescent |