£348,156
This estimated value is based upon the latest sale price for the house of £119,950 on 10 May 2002. 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 |
---|---|
£119,950 | 10 May 2002 |
£59,000 | 13 Feb 1998 |
Flats/Maisonettes |
Leasehold |
Floor Area: 44 sq meters or 473 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 May 2002 the House Price Index for GREATER LONDON was 51.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 190.251%.Applying this 190.251% change to the original purchase price of £119,950 results in an estimated price of approximately £348,156.
10 May 2002 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
51.0 | 148.0 | 190.251 % | £119,950 | £228,206 | £348,156 |
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 | 150.251 % | £180,225 | £300,175 |
3 Month Average | 185.048 % | £221,965 | £341,915 |
6 Month Average | 206.401 % | £247,577 | £367,527 |
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 44 sq meters or 473 sq feet when measured on 20 Apr 2016. Using an estimated price of £348,156 means this house is valued at £7,912 per sq meter (£735 per sq foot).
The average size of a house on BIRCHWOOD CLOSE is 51 sq meters (555 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Birchwood Close | |
Apr 2024 | Vehicle crime | Under investigation | 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 | Violence and sexual offences | Under investigation | On or near Birchwood Close |