£764,022
This estimated value is based upon the latest sale price for the house of £450,000 on 12 Oct 2012. 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 |
|---|---|
| £450,000 | 12 Oct 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 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 October 2012 the House Price Index for GREATER LONDON was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.783%.Applying this 69.783% change to the original purchase price of £450,000 results in an estimated price of approximately £764,022.
| 12 Oct 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.783 % | £450,000 | £314,022 | £764,022 |
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 | 93.788 % | £422,048 | £872,048 |
| 3 Month Average | 65.129 % | £293,078 | £743,078 |
| 6 Month Average | 73.874 % | £332,431 | £782,431 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Aug 2022 | £648,255 | £650,000 | 80 HILLCROSS AVENUE |
| 17 Sep 2021 | £608,840 | £565,000 | 59 WOODLAND WAY |
| 12 Jun 2020 | £847,711 | £700,000 | 59 HILLCROSS AVENUE |
| 20 Mar 2020 | £517,908 | £430,000 | 90 HILLCROSS AVENUE |
| 13 Dec 2019 | £760,594 | £620,000 | 48 ARUNDEL AVENUE |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 17 May 2012. Using an estimated price of £764,023 means this house is valued at £6,643 per sq meter (£617 per sq foot).
The average size of a house on HILLCROSS AVENUE is 96 sq meters (1,039 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Arundel Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Arundel Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Arundel Avenue | |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Arundel Avenue |