£269,479
This estimated value is based upon the latest sale price for the house of £180,000 on 24 Oct 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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201 London Road, Mitcham, CR4 2JD
Phone: 02034630376
| Price Paid | Date |
|---|---|
| £180,000 | 24 Oct 2014 |
| £145,000 | 21 Jul 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 86 sq meters or 925 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 2014 the House Price Index for GREATER LONDON was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £180,000 results in an estimated price of approximately £269,479.
| 24 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £180,000 | £89,479 | £269,479 |
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 | -30.497 % | £-54,895 | £125,104 |
| 3 Month Average | 22.469 % | £40,444 | £220,444 |
| 6 Month Average | 14.226 % | £25,606 | £205,606 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £163,867 | £161,000 | FLAT 4 FOUNTAIN HOUSE SADLER CLOSE |
| 11 Mar 2023 | £1,262,898 | £1,251,000 | 238 - 240 LONDON ROAD |
| 5 Jan 2023 | £225,936 | £227,000 | FLAT A 242 LONDON ROAD |
| 30 Sep 2022 | £272,797 | £275,000 | FLAT 40 FOUNTAIN HOUSE SADLER CLOSE |
| 8 Nov 2021 | £1,081,514 | £1,000,000 | 131 LOVE LANE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 18 Mar 2020. Using an estimated price of £269,479 means this house is valued at £3,133 per sq meter (£291 per sq foot).
The average size of a house on SADLER CLOSE is 73 sq meters (788 sq feet).