£359,305
This estimated value is based upon the latest sale price for the house of £240,000 on 10 Oct 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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107 London Road, Morden, SM4 5HP
Phone: 02080220095
| Price Paid | Date |
|---|---|
| £240,000 | 10 Oct 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 October 2014 the House Price Index for GREATER LONDON was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £240,000 results in an estimated price of approximately £359,305.
| 10 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £240,000 | £119,305 | £359,305 |
The Postcode Pricing Model uses changes in average sales price within the SM4 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 | 51.079 % | £122,590 | £362,590 |
| 3 Month Average | 33.698 % | £80,875 | £320,875 |
| 6 Month Average | 40.462 % | £97,109 | £337,109 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £332,912 | £330,000 | FLAT 24 WINDINGS HOUSE, 23 SCHOOLGATE DRIVE |
| 9 Jun 2023 | £627,602 | £620,000 | 31 SCHOOLGATE DRIVE |
| 14 Feb 2023 | £259,825 | £260,000 | FLAT 10 WINDINGS HOUSE, 23 SCHOOLGATE DRIVE |
| 15 Jul 2022 | £280,756 | £280,000 | FLAT 25 WINDINGS HOUSE, 23 SCHOOLGATE DRIVE |
| 11 Feb 2022 | £361,800 | £345,000 | FLAT 2 COMPASS HOUSE, 25 SCHOOLGATE DRIVE |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 26 Jul 2013. Using an estimated price of £359,306 means this house is valued at £7,186 per sq meter (£667 per sq foot).
The average size of a house on SCHOOLGATE DRIVE is 64 sq meters (697 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Calder Road |
| Jan 2024 | Anti-social behaviour | On or near Calder Road | |
| Jan 2024 | Other theft | Under investigation | On or near Calder Road |
| Jan 2024 | Anti-social behaviour | On or near Calder Road | |
| Jan 2024 | Anti-social behaviour | On or near Calder Road |