£705,389
This estimated value is based upon the latest sale price for the house of £575,000 on 2 Dec 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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483 Merton Road, London, SW18 5LE
Phone: 02080335510
| Price Paid | Date |
|---|---|
| £575,000 | 2 Dec 2019 |
| Terraced |
| Freehold |
| Floor Area: 143 sq meters or 1,539 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 December 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £575,000 results in an estimated price of approximately £705,389.
| 2 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £575,000 | £130,389 | £705,389 |
The Postcode Pricing Model uses changes in average sales price within the SW19 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 | -17.897 % | £-102,907 | £472,092 |
| 3 Month Average | -18.187 % | £-104,573 | £470,426 |
| 6 Month Average | -9.319 % | £-53,585 | £521,414 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Nov 2023 | £537,965 | £530,000 | 505 MERTON ROAD |
| 13 Nov 2023 | £1,050,553 | £1,035,000 | 8 MOUNT ROAD |
| 24 Jul 2023 | £1,216,371 | £1,200,000 | 12 MOUNT ROAD |
| 13 Jul 2022 | £1,153,104 | £1,150,000 | 24 MOUNT ROAD |
| 29 Jun 2022 | £426,021 | £420,000 | FLAT 27 TIMES COURT, 24 RAVENSBURY ROAD |
This house has a floor area of 143 sq meters or 1,539 sq feet when measured on 4 Jul 2019. Using an estimated price of £705,390 means this house is valued at £4,932 per sq meter (£458 per sq foot).
The average size of a house on MOUNT ROAD is 109 sq meters (1,180 sq feet).
This house is the largest in the street with a floor area of 143 sq meters (1,539 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Durnsford Road |
| Apr 2024 | Other theft | Under investigation | On or near Durnsford Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Durnsford Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Durnsford Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Durnsford Road |