£212,944
This estimated value is based upon the latest sale price for the house of £171,000 on 30 May 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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24 Crown Lane, Morden, SM4 5BL
Phone: 02036414364
| Price Paid | Date |
|---|---|
| £171,000 | 30 May 2019 |
| £129,000 | 20 Mar 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 May 2019 the House Price Index for GREATER LONDON was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £171,000 results in an estimated price of approximately £212,944.
| 30 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £171,000 | £41,944 | £212,944 |
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 | 4.962 % | £8,484 | £179,484 |
| 3 Month Average | 22.195 % | £37,954 | £208,954 |
| 6 Month Average | 24.711 % | £42,255 | £213,255 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Oct 2023 | £425,207 | £415,550 | 8 HEYFORD AVENUE |
| 4 Jul 2022 | £666,680 | £660,000 | 68 MAYCROSS AVENUE |
| 23 Jun 2022 | £265,679 | £260,000 | 94 MARTIN WAY |
| 10 Sep 2021 | £678,481 | £625,000 | 6 MAYCROSS AVENUE |
| 26 Aug 2021 | £466,408 | £415,000 | 20 HEYFORD AVENUE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 26 Sep 2018. Using an estimated price of £212,944 means this house is valued at £3,671 per sq meter (£341 per sq foot).
The average size of a house on MARTIN WAY is 69 sq meters (744 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Other theft | Under investigation | On or near B286 |
| Aug 2024 | Robbery | Investigation complete; no suspect identified | On or near B286 |
| Aug 2024 | Theft from the person | Investigation complete; no suspect identified | On or near B286 |
| Aug 2024 | Anti-social behaviour | On or near Heyford Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Heyford Avenue |