£536,984
This estimated value is based upon the latest sale price for the house of £255,000 on 19 Mar 2004. 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 |
|---|---|
| £255,000 | 19 Mar 2004 |
| £181,000 | 30 Mar 2001 |
| Semi-Detached |
| Freehold |
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 March 2004 the House Price Index for GREATER LONDON was 71.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 110.582%.Applying this 110.582% change to the original purchase price of £255,000 results in an estimated price of approximately £536,984.
| 19 Mar 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 149.7 | 110.582 % | £255,000 | £281,984 | £536,984 |
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 | 109.676 % | £279,674 | £534,674 |
| 3 Month Average | 145.941 % | £372,149 | £627,149 |
| 6 Month Average | 146.065 % | £372,465 | £627,465 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Oct 2023 | £562,782 | £550,000 | 3 CHALGROVE AVENUE |
| 13 Sep 2023 | £255,635 | £250,000 | FLAT 4 PARKVIEW APARTMENTS, 197 LONDON ROAD |
| 29 Aug 2023 | £560,102 | £550,000 | 2 CHALGROVE AVENUE |
| 9 Aug 2023 | £565,194 | £555,000 | 29 CHALGROVE AVENUE |
| 16 Jan 2023 | £639,709 | £638,000 | 12 CHALGROVE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Criminal damage and arson | On or near Morden South (Station) | |
| Aug 2024 | Criminal damage and arson | On or near Morden South (Station) | |
| Sep 2024 | Burglary | Under investigation | On or near Redclose Avenue |
| Sep 2024 | Theft from the person | Unable to prosecute suspect | On or near Redclose Avenue |
| Aug 2024 | Public order | Awaiting court outcome | On or near Redclose Avenue |