£408,508
This estimated value is based upon the latest sale price for the house of £332,500 on 14 Dec 2018. 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 |
|---|---|
| £332,500 | 14 Dec 2018 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 678 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 2018 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.860%.Applying this 22.860% change to the original purchase price of £332,500 results in an estimated price of approximately £408,508.
| 14 Dec 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.860 % | £332,500 | £76,008 | £408,508 |
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 | -2.144 % | £-7,128 | £325,371 |
| 3 Month Average | -6.991 % | £-23,246 | £309,253 |
| 6 Month Average | -4.154 % | £-13,810 | £318,689 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Apr 2023 | £307,284 | £305,000 | 95 BROOKFIELDS AVENUE |
| 16 May 2022 | £319,753 | £315,000 | FLAT 9 GROVE FARM COURT, 76 BROOKFIELDS AVENUE |
| 17 Mar 2022 | £412,831 | £400,000 | 100 BROOKFIELDS AVENUE |
| 10 Feb 2022 | £522,230 | £500,000 | 47 RIVERSIDE DRIVE |
| 4 Feb 2022 | £459,562 | £440,000 | 88 RIVERSIDE DRIVE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 1 May 2018. Using an estimated price of £408,509 means this house is valued at £6,484 per sq meter (£602 per sq foot).
The average size of a house on BROOKFIELDS AVENUE is 77 sq meters (832 sq feet).