£404,446
This estimated value is based upon the latest sale price for the house of £330,000 on 30 Aug 2019. 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 |
|---|---|
| £330,000 | 30 Aug 2019 |
| £325,000 | 11 Aug 2014 |
| £175,000 | 17 Feb 2012 |
| £161,000 | 26 Jul 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 August 2019 the House Price Index for GREATER LONDON was 120.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.560%.Applying this 22.560% change to the original purchase price of £330,000 results in an estimated price of approximately £404,446.
| 30 Aug 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.0 | 22.560 % | £330,000 | £74,446 | £404,446 |
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 | 16.114 % | £53,176 | £383,176 |
| 3 Month Average | 2.898 % | £9,561 | £339,561 |
| 6 Month Average | 8.410 % | £27,754 | £357,754 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2023 | £446,248 | £443,534 | 49 HANFORD CLOSE |
| 28 Jul 2023 | £630,969 | £625,000 | 14 HANFORD CLOSE |
| 6 Sep 2022 | £721,228 | £730,000 | 29A ASTONVILLE STREET |
| 13 Apr 2022 | £547,692 | £534,000 | 6A ASTONVILLE STREET |
| 4 Feb 2022 | £582,809 | £558,000 | 27 ASTONVILLE STREET |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 2 Nov 2011. Using an estimated price of £404,447 means this house is valued at £7,930 per sq meter (£736 per sq foot).
The average size of a house on HANFORD CLOSE is 94 sq meters (1,013 sq feet).
This house is the smallest in the street with a floor area of 51 sq meters (548 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Hanford Close |
| Apr 2024 | Vehicle crime | Under investigation | On or near Hanford Close |
| Mar 2024 | Bicycle theft | Under investigation | On or near Hanford Close |
| Mar 2024 | Other theft | Under investigation | On or near Hanford Close |
| Mar 2024 | Other theft | Under investigation | On or near Hanford Close |