£560,606
This estimated value is based upon the latest sale price for the house of £550,000 on 8 Dec 2023. 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 |
|---|---|
| £550,000 | 8 Dec 2023 |
| £418,000 | 31 Jan 2017 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 December 2023 the House Price Index for GREATER LONDON was 145.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 1.928%.Applying this 1.928% change to the original purchase price of £550,000 results in an estimated price of approximately £560,606.
| 8 Dec 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.2 | 148.0 | 1.928 % | £550,000 | £10,606 | £560,606 |
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 | -25.941 % | £-142,673 | £407,326 |
| 3 Month Average | -2.959 % | £-16,277 | £533,722 |
| 6 Month Average | 4.698 % | £25,840 | £575,840 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £560,606 | £550,000 | 78 FARM ROAD |
| 14 Jun 2023 | £685,559 | £680,000 | 43 WILLOWS AVENUE |
| 7 Jun 2022 | £252,560 | £250,000 | 42 CENTRAL GARDENS |
| 4 Mar 2022 | £263,180 | £255,000 | 46 CENTRAL GARDENS |
| 10 Sep 2021 | £660,044 | £615,000 | 50 FARM ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 2 Nov 2016. Using an estimated price of £560,606 means this house is valued at £6,595 per sq meter (£612 per sq foot).
The average size of a house on FARM ROAD is 103 sq meters (1,117 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Feb 2024 | Vehicle crime | Under investigation | On or near Farm Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Jarrow Close |
| Mar 2024 | Drugs | Under investigation | On or near Jarrow Close |
| Mar 2024 | Burglary | Under investigation | On or near Jarrow Close |