£688,748
This estimated value is based upon the latest sale price for the house of £213,500 on 16 Nov 2001. 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 |
---|---|
£213,500 | 16 Nov 2001 |
£90,000 | 7 Apr 1995 |
Semi-Detached |
Freehold |
Floor Area: 118 sq meters or 1,270 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 November 2001 the House Price Index for GREATER LONDON was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £213,500 results in an estimated price of approximately £688,748.
16 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
46.4 | 149.7 | 222.599 % | £213,500 | £475,248 | £688,748 |
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 | 25.838 % | £55,163 | £268,663 |
3 Month Average | 139.972 % | £298,841 | £512,341 |
6 Month Average | 167.019 % | £356,584 | £570,084 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Sep 2023 | £646,246 | £632,000 | 2 ROMANY GARDENS |
11 Sep 2023 | £567,510 | £555,000 | 88 MORDEN WAY |
2 Aug 2023 | £560,102 | £550,000 | 31 MORDEN WAY |
15 Sep 2022 | £569,619 | £570,000 | 62 MORDEN WAY |
29 Jul 2022 | £661,630 | £655,000 | 12 ROMANY GARDENS |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 22 Feb 2018. Using an estimated price of £688,749 means this house is valued at £5,836 per sq meter (£542 per sq foot).
The average size of a house on MORDEN WAY is 96 sq meters (1,036 sq feet).