£709,505
This estimated value is based upon the latest sale price for the house of £485,000 on 11 Jun 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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24 Crown Lane, Morden, SM4 5BL
Phone: 02036414364
Price Paid | Date |
---|---|
£485,000 | 11 Jun 2015 |
Terraced |
Freehold |
Floor Area: 97 sq meters or 1,044 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 2015 the House Price Index for GREATER LONDON was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £485,000 results in an estimated price of approximately £709,505.
11 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
102.3 | 149.7 | 46.290 % | £485,000 | £224,505 | £709,505 |
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 | 15.012 % | £72,810 | £557,810 |
3 Month Average | 30.106 % | £146,012 | £631,012 |
6 Month Average | 27.793 % | £134,795 | £619,795 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Jun 2023 | £612,270 | £600,000 | 26 LINKS AVENUE |
9 Jun 2023 | £602,065 | £590,000 | 18 HATHERLEIGH CLOSE |
21 Mar 2023 | £640,700 | £630,000 | 24 LINKS AVENUE |
16 Jan 2023 | £639,709 | £638,000 | 25 CEDARS ROAD |
29 Jun 2022 | £699,962 | £685,000 | 31 CEDARS ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 14 Nov 2014. Using an estimated price of £709,506 means this house is valued at £7,314 per sq meter (£679 per sq foot).
The average size of a house on LINKS AVENUE is 104 sq meters (1,128 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Links Avenue |
Apr 2024 | Anti-social behaviour | On or near Hatherleigh Close | |
Apr 2024 | Anti-social behaviour | On or near Hatherleigh Close | |
Apr 2024 | Anti-social behaviour | On or near Hatherleigh Close | |
Apr 2024 | Anti-social behaviour | On or near Hatherleigh Close |