£481,811
This estimated value is based upon the latest sale price for the house of £370,000 on 7 Apr 2017. 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 |
|---|---|
| £370,000 | 7 Apr 2017 |
| £240,000 | 28 Feb 2013 |
| Detached |
| Freehold |
| Floor Area: 72 sq meters or 775 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 April 2017 the House Price Index for GREATER LONDON was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £370,000 results in an estimated price of approximately £481,811.
| 7 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 149.7 | 30.219 % | £370,000 | £111,811 | £481,811 |
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 | 11.242 % | £41,594 | £411,594 |
| 3 Month Average | 11.347 % | £41,984 | £411,984 |
| 6 Month Average | 19.946 % | £73,801 | £443,801 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £396,085 | £390,000 | 104 CANTERBURY ROAD |
| 6 Oct 2023 | £347,902 | £340,000 | FLAT 4 NURSERY VIEW HOUSE, 38 SCHOOLGATE DRIVE |
| 18 Aug 2023 | £580,469 | £570,000 | 108 CANTERBURY ROAD |
| 10 Aug 2023 | £426,696 | £419,000 | 16 CANTERBURY ROAD |
| 9 Jun 2023 | £632,679 | £620,000 | 31 SCHOOLGATE DRIVE |
This house has a floor area of 72 sq meters or 775 sq feet when measured on 14 Feb 2013. Using an estimated price of £481,811 means this house is valued at £6,691 per sq meter (£621 per sq foot).
The average size of a house on SCHOOLGATE DRIVE is 64 sq meters (697 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Calder Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Calder Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near Calder Road |
| Oct 2024 | Anti-social behaviour | On or near Schoolgate Drive | |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Schoolgate Drive |