£541,827
This estimated value is based upon the latest sale price for the house of £425,000 on 14 Jul 2017. 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 |
|---|---|
| £425,000 | 14 Jul 2017 |
| Terraced |
| Freehold |
| Floor Area: 82 sq meters or 882 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 July 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £425,000 results in an estimated price of approximately £541,827.
| 14 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £425,000 | £116,827 | £541,827 |
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 | 22.822 % | £96,992 | £521,992 |
| 3 Month Average | 9.794 % | £41,624 | £466,624 |
| 6 Month Average | 15.930 % | £67,703 | £492,703 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £495,000 | £495,000 | 38 BAYHAM ROAD |
| 20 Dec 2023 | £458,014 | £450,000 | 104 MORDEN HALL ROAD |
| 24 Nov 2023 | £659,768 | £650,000 | 25 BAYHAM ROAD |
| 7 Aug 2023 | £226,986 | £225,000 | 49 BEELEIGH ROAD |
| 16 Jun 2023 | £455,518 | £450,000 | 16 BARDNEY ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 28 Mar 2017. Using an estimated price of £541,828 means this house is valued at £6,607 per sq meter (£613 per sq foot).
The average size of a house on BAYHAM ROAD is 75 sq meters (817 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Robbery | Under investigation | On or near Morden Hall Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Morden Hall Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Morden Hall Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Morden Hall Road |
| Dec 2023 | Drugs | Local resolution | On or near Morden Hall Road |