£648,164
This estimated value is based upon the latest sale price for the house of £500,000 on 26 May 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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11 Tudor Drive Surrey, Morden, SM4 4PD
Phone: 02080333560
| Price Paid | Date |
|---|---|
| £500,000 | 26 May 2017 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 2017 the House Price Index for GREATER LONDON was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £500,000 results in an estimated price of approximately £648,164.
| 26 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £500,000 | £148,164 | £648,164 |
The Postcode Pricing Model uses changes in average sales price within the SM3 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 | -27.275 % | £-136,374 | £363,625 |
| 3 Month Average | -1.870 % | £-9,349 | £490,650 |
| 6 Month Average | 5.511 % | £27,557 | £527,557 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £500,710 | £488,000 | 293 SUTTON COMMON ROAD |
| 2 Aug 2023 | £560,102 | £550,000 | 31 MORDEN WAY |
| 9 Jun 2023 | £586,759 | £575,000 | 367 SUTTON COMMON ROAD |
| 16 Feb 2023 | £596,988 | £593,000 | 32 TONFIELD ROAD |
| 14 Nov 2022 | £562,370 | £565,000 | 21 TONFIELD ROAD |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 4 Jan 2017. Using an estimated price of £648,164 means this house is valued at £7,045 per sq meter (£654 per sq foot).
The average size of a house on SUTTON COMMON ROAD is 99 sq meters (1,075 sq feet).