£407,000
This estimated value is based upon the latest sale price for the house of £239,995 on 21 Jun 2010. 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 |
---|---|
£239,995 | 21 Jun 2010 |
Terraced |
Freehold |
Floor Area: 76 sq meters or 825 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 2010 the House Price Index for GREATER LONDON was 87.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.587%.Applying this 69.587% change to the original purchase price of £239,995 results in an estimated price of approximately £407,000.
21 Jun 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.6 | 148.6 | 69.587 % | £239,995 | £167,005 | £407,000 |
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 | 129.907 % | £311,771 | £551,766 |
3 Month Average | 109.987 % | £263,962 | £503,957 |
6 Month Average | 106.345 % | £255,221 | £495,216 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Mar 2024 | £390,000 | £390,000 | 104 CANTERBURY ROAD |
18 Aug 2023 | £575,031 | £570,000 | 108 CANTERBURY ROAD |
10 Aug 2023 | £422,698 | £419,000 | 16 CANTERBURY ROAD |
9 Jun 2023 | £627,602 | £620,000 | 31 SCHOOLGATE DRIVE |
20 May 2022 | £348,568 | £342,000 | FLAT 5 FIELD HOUSE, 40 SCHOOLGATE DRIVE |
This house has a floor area of 76 sq meters or 825 sq feet when measured on 8 Jun 2010. Using an estimated price of £407,000 means this house is valued at £5,306 per sq meter (£492 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 | 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 | |
Jan 2024 | Public order | Under investigation | On or near Calder Road |