£646,962
This estimated value is based upon the latest sale price for the house of £525,000 on 11 Oct 2018. 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 |
|---|---|
| £525,000 | 11 Oct 2018 |
| £218,500 | 24 Jun 2005 |
| £100,000 | 17 Jan 2003 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £525,000 results in an estimated price of approximately £646,962.
| 11 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £525,000 | £121,962 | £646,962 |
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 | 30.279 % | £158,964 | £683,964 |
| 3 Month Average | 10.234 % | £53,729 | £578,729 |
| 6 Month Average | 13.227 % | £69,441 | £594,441 |
| 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 |
| 29 Sep 2023 | £476,087 | £470,000 | 80 MORDEN HALL ROAD |
| 7 Aug 2023 | £226,986 | £225,000 | 49 BEELEIGH ROAD |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 1 Feb 2018. Using an estimated price of £646,962 means this house is valued at £6,534 per sq meter (£607 per sq foot).
The average size of a house on BAYHAM ROAD is 75 sq meters (817 sq feet).
This house is the largest in the street with a floor area of 99 sq meters (1,065 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Robbery | Under investigation | On or near Bayham Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bayham Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Bayham Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beeleigh Road |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beeleigh Road |