£488,368
This estimated value is based upon the latest sale price for the house of £490,000 on 14 Oct 2022. 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 |
|---|---|
| £490,000 | 14 Oct 2022 |
| £250,000 | 3 Oct 2013 |
| £59,000 | 31 Mar 1995 |
| Terraced |
| Freehold |
| Floor Area: 63 sq meters or 685 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 2022 the House Price Index for GREATER LONDON was 150.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.333%.Applying this -0.333% change to the original purchase price of £490,000 results in an estimated price of approximately £488,368.
| 14 Oct 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.2 | 149.7 | -0.333 % | £490,000 | £-1,631 | £488,368 |
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 | 15.809 % | £77,462 | £567,462 |
| 3 Month Average | -0.482 % | £-2,361 | £487,638 |
| 6 Month Average | 5.960 % | £29,201 | £519,201 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £470,690 | £460,000 | 2 BURNHAM ROAD |
| 31 Aug 2023 | £407,347 | £400,000 | 12 BURNHAM ROAD |
| 30 Jun 2023 | £459,202 | £450,000 | 19 BURNHAM ROAD |
| 27 Apr 2023 | £480,997 | £472,000 | 25 BUCKFAST ROAD |
| 17 Mar 2023 | £580,698 | £571,000 | 72 HAZELWOOD AVENUE |
This house has a floor area of 63 sq meters or 685 sq feet when measured on 14 Oct 2011. Using an estimated price of £488,369 means this house is valued at £7,666 per sq meter (£712 per sq foot).
The average size of a house on BUCKFAST ROAD is 77 sq meters (833 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Buckfast Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Buckfast Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Buckfast Road |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Buckfast Road |
| Oct 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Abbotsbury Road |