£1,030,990
This estimated value is based upon the latest sale price for the house of £218,000 on 22 Jun 1998. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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236 Merton High Street, London, SW19 1AU
Phone: 02035448009
Price Paid | Date |
---|---|
£218,000 | 22 Jun 1998 |
Terraced |
Freehold |
Floor Area: 101 sq meters or 1,087 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 June 1998 the House Price Index for GREATER LONDON was 31.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 372.931%.Applying this 372.931% change to the original purchase price of £218,000 results in an estimated price of approximately £1,030,990.
22 Jun 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.7 | 149.7 | 372.931 % | £218,000 | £812,990 | £1,030,990 |
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 | 415.428 % | £905,633 | £1,123,633 |
3 Month Average | 403.926 % | £880,558 | £1,098,558 |
6 Month Average | 385.382 % | £840,132 | £1,058,132 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Oct 2023 | £1,396,722 | £1,365,000 | 4 FLORENCE ROAD |
24 Feb 2023 | £1,444,650 | £1,435,000 | 92 SOUTH PARK ROAD |
10 Feb 2023 | £810,414 | £805,000 | 46 FLORENCE ROAD |
28 Jul 2022 | £1,628,821 | £1,612,500 | 52 SOUTH PARK ROAD |
11 Jul 2022 | £1,530,334 | £1,515,000 | 88 SOUTH PARK ROAD |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 21 May 2018. Using an estimated price of £1,030,990 means this house is valued at £10,207 per sq meter (£948 per sq foot).
The average size of a house on FLORENCE ROAD is 90 sq meters (969 sq feet).