£477,986
This estimated value is based upon the latest sale price for the house of £248,450 on 9 Sep 2004. 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 |
|---|---|
| £248,450 | 9 Sep 2004 |
| £172,500 | 30 Mar 2001 |
| £80,000 | 8 Sep 1997 |
| Terraced |
| Freehold |
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 September 2004 the House Price Index for GREATER LONDON was 77.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 92.387%.Applying this 92.387% change to the original purchase price of £248,450 results in an estimated price of approximately £477,986.
| 9 Sep 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 77.8 | 149.7 | 92.387 % | £248,450 | £229,536 | £477,986 |
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 | 114.937 % | £285,561 | £534,011 |
| 3 Month Average | 130.050 % | £323,110 | £571,560 |
| 6 Month Average | 120.716 % | £299,918 | £548,368 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £417,839 | £405,000 | 188 LOWER MORDEN LANE |
| 26 Sep 2023 | £679,990 | £665,000 | 157 LOWER MORDEN LANE |
| 20 Mar 2023 | £2,262,687 | £2,224,900 | 153 CAMBORNE ROAD |
| 17 Mar 2023 | £422,048 | £415,000 | FLAT 5 CROCUS COURT, 418 HILLCROSS AVENUE |
| 24 May 2022 | £563,685 | £549,000 | 318 HILLCROSS AVENUE |