£554,730
This estimated value is based upon the latest sale price for the house of £326,000 on 4 Oct 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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47-49 Mitcham Road, Tooting, SW17 9PB
Phone: 02036415450
Price Paid | Date |
---|---|
£326,000 | 4 Oct 2006 |
£230,000 | 14 Jul 2004 |
Terraced |
Freehold |
Floor Area: 137 sq meters or 1,474 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 2006 the House Price Index for GREATER LONDON was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.163%.Applying this 70.163% change to the original purchase price of £326,000 results in an estimated price of approximately £554,730.
4 Oct 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.0 | 149.7 | 70.163 % | £326,000 | £228,730 | £554,730 |
The Postcode Pricing Model uses changes in average sales price within the SW17 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 | 129.271 % | £421,424 | £747,424 |
3 Month Average | 122.240 % | £398,501 | £724,501 |
6 Month Average | 119.576 % | £389,817 | £715,817 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Dec 2023 | £670,606 | £650,000 | 61 VALNAY STREET |
15 Sep 2023 | £856,378 | £837,500 | 71 VALNAY STREET |
7 Sep 2023 | £460,143 | £450,000 | FLAT A 37 VALNAY STREET |
22 Jun 2023 | £591,861 | £580,000 | 8 ASHVALE ROAD |
3 Mar 2023 | £618,326 | £608,000 | FLAT 1 19 UNDINE STREET |
This house has a floor area of 137 sq meters or 1,474 sq feet when measured on 1 Sep 2014. Using an estimated price of £554,730 means this house is valued at £4,049 per sq meter (£376 per sq foot).
The average size of a house on UNDINE STREET is 100 sq meters (1,078 sq feet).