£1,226,608
This estimated value is based upon the latest sale price for the house of £985,000 on 24 May 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 |
|---|---|
| £985,000 | 24 May 2019 |
| £950,000 | 22 Aug 2014 |
| £385,000 | 7 Oct 2005 |
| £340,000 | 15 Dec 2003 |
| £340,000 | 15 Dec 2003 |
| Terraced |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £985,000 results in an estimated price of approximately £1,226,608.
| 24 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £985,000 | £241,608 | £1,226,608 |
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 | -21.499 % | £-211,762 | £773,237 |
| 3 Month Average | 12.502 % | £123,139 | £1,108,139 |
| 6 Month Average | 11.134 % | £109,672 | £1,094,672 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Apr 2024 | £1,109,636 | £1,100,000 | 39 BROOKLANDS AVENUE |
| 3 Aug 2023 | £1,262,776 | £1,240,001 | 1 LUCIEN ROAD |
| 14 Apr 2023 | £1,222,873 | £1,200,000 | 11 BROOKLANDS AVENUE |
| 17 Feb 2023 | £1,072,162 | £1,065,000 | 16 BROOKLANDS AVENUE |
| 13 Jan 2023 | £1,243,322 | £1,240,000 | 3 MOUNT ROAD |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 30 Jan 2014. Using an estimated price of £1,226,609 means this house is valued at £10,307 per sq meter (£957 per sq foot).
The average size of a house on BROOKLANDS AVENUE is 97 sq meters (1,050 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brooklands Avenue |
| Oct 2024 | Anti-social behaviour | On or near Lucien Road | |
| Oct 2024 | Anti-social behaviour | On or near Lucien Road | |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Gordondale Road |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Gordondale Road |