£616,043
This estimated value is based upon the latest sale price for the house of £495,000 on 7 Mar 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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11 Tudor Drive Surrey, Morden, SM4 4PD
Phone: 02080333560
| Price Paid | Date |
|---|---|
| £495,000 | 7 Mar 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 2019 the House Price Index for GREATER LONDON was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.453%.Applying this 24.453% change to the original purchase price of £495,000 results in an estimated price of approximately £616,043.
| 7 Mar 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.453 % | £495,000 | £121,043 | £616,043 |
The Postcode Pricing Model uses changes in average sales price within the SM3 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 | -44.346 % | £-219,514 | £275,485 |
| 3 Month Average | -0.447 % | £-2,211 | £492,788 |
| 6 Month Average | 14.697 % | £72,751 | £567,751 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2023 | £560,102 | £550,000 | 31 MORDEN WAY |
| 9 Jun 2023 | £586,759 | £575,000 | 367 SUTTON COMMON ROAD |
| 3 Feb 2022 | £633,874 | £600,000 | 347 SUTTON COMMON ROAD |
| 28 Jan 2022 | £583,109 | £550,000 | 18 MORDEN WAY |
| 29 Jun 2021 | £313,397 | £289,950 | UPPER MAISONETTE 374A SUTTON COMMON ROAD |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 12 Oct 2018. Using an estimated price of £616,044 means this house is valued at £6,417 per sq meter (£596 per sq foot).
The average size of a house on MORDEN WAY is 96 sq meters (1,036 sq feet).