£432,585
This estimated value is based upon the latest sale price for the house of £355,000 on 3 Feb 2020. 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 |
|---|---|
| £355,000 | 3 Feb 2020 |
| Terraced |
| Freehold |
| Floor Area: 45 sq meters or 484 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 February 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.855%.Applying this 21.855% change to the original purchase price of £355,000 results in an estimated price of approximately £432,585.
| 3 Feb 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.855 % | £355,000 | £77,585 | £432,585 |
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 | 34.960 % | £124,108 | £479,108 |
| 3 Month Average | 18.539 % | £65,815 | £420,815 |
| 6 Month Average | 17.385 % | £61,717 | £416,717 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £434,106 | £430,000 | 92 BORDESLEY ROAD |
| 26 Jun 2023 | £499,046 | £495,000 | 154 BORDESLEY ROAD |
| 16 Feb 2023 | £298,588 | £300,000 | 7 BIRCHWOOD CLOSE |
| 27 Jan 2023 | £285,492 | £288,000 | 13 BIRCHWOOD CLOSE |
| 22 Aug 2022 | £288,054 | £290,000 | 3 BIRCHWOOD CLOSE |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 27 Sep 2019. Using an estimated price of £432,585 means this house is valued at £9,613 per sq meter (£893 per sq foot).
The average size of a house on BORDESLEY ROAD is 72 sq meters (784 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Birchwood Close |
| Apr 2024 | Anti-social behaviour | On or near Birchwood Close | |
| Mar 2024 | Vehicle crime | Under investigation | On or near Birchwood Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Birchwood Close |
| Feb 2024 | Criminal damage and arson | Under investigation | On or near Birchwood Close |