£500,044
This estimated value is based upon the latest sale price for the house of £299,000 on 30 Jul 2010. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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483 Merton Road, London, SW18 5LE
Phone: 02080335510
Price Paid | Date |
---|---|
£299,000 | 30 Jul 2010 |
£230,000 | 29 Sep 2006 |
Flats/Maisonettes |
Leasehold |
Floor Area: 57 sq meters or 613 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 2010 the House Price Index for GREATER LONDON was 87.7.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.239%.Applying this 67.239% change to the original purchase price of £299,000 results in an estimated price of approximately £500,044.
30 Jul 2010 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 146.7 | 67.239 % | £299,000 | £201,044 | £500,044 |
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 | 42.084 % | £125,830 | £424,830 |
3 Month Average | 37.323 % | £111,596 | £410,596 |
6 Month Average | 46.226 % | £138,214 | £437,214 |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 20 Dec 2012.
The average size of a house on PENWITH ROAD is 69 sq meters (747 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Strathville Road |
Jan 2024 | Drugs | Offender given a drugs possession warning | On or near Acuba Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Acuba Road |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Acuba Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Acuba Road |