£627,553
This estimated value is based upon the latest sale price for the house of £515,000 on 21 Feb 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Bodmin Street
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483 Merton Road, London, SW18 5LE
Phone: 02080335510
| Price Paid | Date |
|---|---|
| £515,000 | 21 Feb 2020 |
| £329,000 | 11 Nov 2010 |
| £335,000 | 5 Dec 2006 |
| £265,000 | 25 Oct 2002 |
| £76,000 | 18 Apr 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 74 sq meters or 796 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 February 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.855%.Applying this 21.855% change to the original purchase price of £515,000 results in an estimated price of approximately £627,553.
| 21 Feb 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.855 % | £515,000 | £112,553 | £627,553 |
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 | 60.396 % | £311,037 | £826,037 |
| 3 Month Average | -9.334 % | £-48,071 | £466,928 |
| 6 Month Average | 1.753 % | £9,029 | £524,029 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £358,210 | £357,000 | FLAT 23 CUMBER HOUSE MERTON ROAD |
| 17 Aug 2023 | £422,570 | £420,000 | FLAT 5 MILL COURT, 432 MERTON ROAD |
| 11 Apr 2023 | £1,208,986 | £1,200,000 | 450 MERTON ROAD |
| 16 Mar 2023 | £746,535 | £742,500 | 31A STRATHVILLE ROAD |
| 8 Feb 2023 | £413,046 | £415,000 | 29A STRATHVILLE ROAD |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 11 Nov 2019. Using an estimated price of £627,553 means this house is valued at £8,480 per sq meter (£787 per sq foot).
The average size of a house on MERTON ROAD is 74 sq meters (798 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bodmin Street |
| Apr 2024 | Bicycle theft | Under investigation | On or near Bodmin Street |
| Mar 2024 | Burglary | Under investigation | On or near Bodmin Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Bodmin Street |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Bodmin Street |