£736,444
This estimated value is based upon the latest sale price for the house of £725,000 on 29 Sep 2023. 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 |
|---|---|
| £725,000 | 29 Sep 2023 |
| £725,000 | 29 Sep 2023 |
| £680,000 | 18 Oct 2019 |
| £249,950 | 11 Oct 2005 |
| £217,500 | 14 Aug 2003 |
| Terraced |
| Leasehold |
| Floor Area: 98 sq meters or 1,054 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 September 2023 the House Price Index for GREATER LONDON was 145.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.579%.Applying this 1.579% change to the original purchase price of £725,000 results in an estimated price of approximately £736,444.
| 29 Sep 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.7 | 148.0 | 1.579 % | £725,000 | £11,444 | £736,444 |
The Postcode Pricing Model uses changes in average sales price within the SW18 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 | -8.139 % | £-59,009 | £665,990 |
| 3 Month Average | -17.806 % | £-129,094 | £595,905 |
| 6 Month Average | -4.704 % | £-34,103 | £690,896 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £610,211 | £606,500 | 4 PENWITH ROAD |
| 17 Jul 2023 | £630,969 | £625,000 | 15 PENWITH ROAD |
| 18 Aug 2022 | £763,342 | £768,500 | 22 PENWITH ROAD |
| 3 Aug 2022 | £561,208 | £565,000 | 63 PENWITH ROAD |
| 11 Jul 2022 | £594,696 | £595,500 | 22A PENWITH ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 13 May 2019.
The average size of a house on PENWITH ROAD is 69 sq meters (745 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Bicycle theft | Under investigation | On or near Acuba Road |
| Mar 2024 | Bicycle theft | Under investigation | On or near Acuba Road |
| Jan 2024 | Drugs | Offender given a drugs possession warning | On or near Acuba Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Acuba Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Acuba Road |