£422,957
This estimated value is based upon the latest sale price for the house of £75,000 on 28 Jun 1996. 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 |
---|---|
£75,000 | 28 Jun 1996 |
Terraced |
Freehold |
Floor Area: 98 sq meters or 1,060 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 June 1996 the House Price Index for GREATER LONDON was 26.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 463.944%.Applying this 463.944% change to the original purchase price of £75,000 results in an estimated price of approximately £422,957.
28 Jun 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.5 | 149.7 | 463.944 % | £75,000 | £347,957 | £422,957 |
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 | 663.689 % | £497,766 | £572,766 |
3 Month Average | 621.756 % | £466,317 | £541,317 |
6 Month Average | 620.253 % | £465,189 | £540,189 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Mar 2024 | £1,228,881 | £1,210,000 | 28 VALNAY STREET |
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 |
3 Mar 2023 | £618,326 | £608,000 | FLAT 1 19 UNDINE STREET |
This house has a floor area of 98 sq meters or 1,060 sq feet when measured on 2 Aug 2011. Using an estimated price of £422,958 means this house is valued at £4,291 per sq meter (£398 per sq foot).
The average size of a house on UNDINE STREET is 100 sq meters (1,078 sq feet).