£544,250
This estimated value is based upon the latest sale price for the house of £318,000 on 20 Dec 2010. 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 |
|---|---|
| £318,000 | 20 Dec 2010 |
| £310,000 | 25 Sep 2007 |
| £84,500 | 22 Aug 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,150 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 2010 the House Price Index for GREATER LONDON was 86.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.148%.Applying this 71.148% change to the original purchase price of £318,000 results in an estimated price of approximately £544,250.
| 20 Dec 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.8 | 148.6 | 71.148 % | £318,000 | £226,250 | £544,250 |
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 | 124.735 % | £396,655 | £714,655 |
| 3 Month Average | 92.124 % | £292,953 | £610,953 |
| 6 Month Average | 95.071 % | £302,325 | £620,325 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Nov 2023 | £436,462 | £430,000 | FLAT 6 ROSEMILL HOUSE, 19 ARRAS AVENUE |
| 6 Nov 2023 | £466,913 | £460,000 | FLAT 2 ROSEMILL HOUSE, 19 ARRAS AVENUE |
| 6 Nov 2023 | £304,508 | £300,000 | FLAT 4 ROSEMILL HOUSE, 19 ARRAS AVENUE |
| 6 Nov 2023 | £284,208 | £280,000 | FLAT 3 ROSEMILL HOUSE, 19 ARRAS AVENUE |
| 6 Nov 2023 | £477,063 | £470,000 | FLAT 1 ROSEMILL HOUSE, 19 ARRAS AVENUE |
This house has a floor area of 106 sq meters or 1,150 sq feet when measured on 28 Aug 2010. Using an estimated price of £544,251 means this house is valued at £5,090 per sq meter (£472 per sq foot).
The average size of a house on ARRAS AVENUE is 107 sq meters (1,156 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Arras Avenue |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Arras Avenue |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Arras Avenue |
| Jan 2024 | Anti-social behaviour | On or near Rose Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Rose Avenue |