£261,326
This estimated value is based upon the latest sale price for the house of £59,000 on 10 May 1999. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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4/5 Brigstock Parade, London Road, Thornton Heath, CR7 7HW
Phone: 02081667280
| Price Paid | Date |
|---|---|
| £59,000 | 10 May 1999 |
| £48,000 | 15 Jun 1998 |
| £47,500 | 18 Mar 1997 |
| Terraced |
| Freehold |
| Floor Area: 41 sq meters or 441 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 May 1999 the House Price Index for GREATER LONDON was 33.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 342.927%.Applying this 342.927% change to the original purchase price of £59,000 results in an estimated price of approximately £261,326.
| 10 May 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.5 | 148.6 | 342.927 % | £59,000 | £202,326 | £261,326 |
The Postcode Pricing Model uses changes in average sales price within the CR0 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 | 312.546 % | £184,401 | £243,401 |
| 3 Month Average | 293.197 % | £172,986 | £231,986 |
| 6 Month Average | 297.012 % | £175,237 | £234,237 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £412,212 | £405,000 | 120 ROCHFORD WAY |
| 7 Sep 2023 | £253,238 | £250,000 | 558 MITCHAM ROAD |
| 30 Jun 2023 | £354,292 | £350,000 | 14 THERAPIA LANE |
| 23 Jun 2023 | £423,125 | £418,000 | 96 ROCHFORD WAY |
| 27 Jan 2023 | £437,937 | £440,000 | 30 THERAPIA LANE |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 14 May 2019. Using an estimated price of £261,327 means this house is valued at £6,373 per sq meter (£592 per sq foot).
The average size of a house on MITCHAM ROAD is 83 sq meters (900 sq feet).