£622,343
This estimated value is based upon the latest sale price for the house of £490,000 on 15 Aug 2017. 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 |
---|---|
£490,000 | 15 Aug 2017 |
£275,000 | 16 Nov 2007 |
Semi-Detached |
Freehold |
Floor Area: 75 sq meters or 807 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 August 2017 the House Price Index for GREATER LONDON was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £490,000 results in an estimated price of approximately £622,343.
15 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.0 | 148.6 | 27.009 % | £490,000 | £132,343 | £622,343 |
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 | 22.092 % | £108,251 | £598,251 |
3 Month Average | 14.273 % | £69,936 | £559,936 |
6 Month Average | 16.656 % | £81,615 | £571,615 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £403,530 | £400,000 | 12 BURNHAM ROAD |
26 Jun 2023 | £501,070 | £495,000 | 154 BORDESLEY ROAD |
14 Oct 2022 | £484,780 | £490,000 | 6 BUCKFAST ROAD |
7 Oct 2022 | £395,739 | £400,000 | 20A BUCKFAST ROAD |
24 Jun 2022 | £491,952 | £485,000 | 59 BORDESLEY ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 17 Jun 2016. Using an estimated price of £622,344 means this house is valued at £8,297 per sq meter (£770 per sq foot).
The average size of a house on ABBOTSBURY ROAD is 73 sq meters (792 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Public order | Under investigation | On or near Bordesley Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Abbotsbury Road |