£240,566
This estimated value is based upon the latest sale price for the house of £162,000 on 24 Mar 2015. 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 |
---|---|
£162,000 | 24 Mar 2015 |
£110,000 | 6 Oct 2011 |
Flats/Maisonettes |
Leasehold |
Floor Area: 56 sq meters or 602 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 March 2015 the House Price Index for GREATER LONDON was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £162,000 results in an estimated price of approximately £240,566.
24 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.8 | 149.7 | 48.498 % | £162,000 | £78,566 | £240,566 |
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 | 37.166 % | £60,208 | £222,208 |
3 Month Average | 27.972 % | £45,313 | £207,313 |
6 Month Average | 35.107 % | £56,873 | £218,873 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £428,156 | £415,000 | 1 BENEDICT ROAD |
20 Oct 2023 | £219,997 | £215,000 | 7 ILLINGWORTH CLOSE |
18 Aug 2023 | £451,137 | £443,000 | 61 BELGRAVE WALK |
12 Jun 2023 | £413,282 | £405,000 | 63 BELGRAVE WALK |
13 Jul 2022 | £150,205 | £148,700 | 74 GALE CLOSE |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 23 May 2013. Using an estimated price of £240,567 means this house is valued at £4,295 per sq meter (£399 per sq foot).
The average size of a house on ILLINGWORTH CLOSE is 81 sq meters (878 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Illingworth Close |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Illingworth Close |