£237,229
This estimated value is based upon the latest sale price for the house of £232,000 on 15 Sep 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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107 London Road, Morden, SM4 5HP
Phone: 02080220095
Price Paid | Date |
---|---|
£232,000 | 15 Sep 2023 |
£129,000 | 7 Oct 2005 |
£110,000 | 29 Sep 2003 |
Flats/Maisonettes |
Leasehold |
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 September 2023 the House Price Index for GREATER LONDON was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £232,000 results in an estimated price of approximately £237,229.
15 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
146.4 | 149.7 | 2.254 % | £232,000 | £5,229 | £237,229 |
The Postcode Pricing Model uses changes in average sales price within the SM4 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 | 5.623 % | £13,045 | £245,045 |
3 Month Average | 1.262 % | £2,926 | £234,926 |
6 Month Average | 0.747 % | £1,733 | £233,733 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Oct 2023 | £286,507 | £280,000 | 2 THE HOLT |
15 Sep 2023 | £237,230 | £232,000 | 1 THE HOMEFIELD |
24 Feb 2023 | £280,876 | £279,000 | 12 CHENAB COURT, 176A LONDON ROAD |
10 Jan 2023 | £641,715 | £640,000 | 225 LONDON ROAD |
14 Oct 2022 | £264,118 | £265,000 | FLAT 18 GROSVENOR COURT LONDON ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Public order | Unable to prosecute suspect | On or near London Road |
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near London Road |
Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near London Road |
Oct 2024 | Anti-social behaviour | On or near Hatherleigh Close | |
Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hatherleigh Close |