£653,053
This estimated value is based upon the latest sale price for the house of £650,000 on 26 Aug 2022. 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 |
---|---|
£650,000 | 26 Aug 2022 |
£540,000 | 9 Apr 2018 |
Terraced |
Freehold |
Floor Area: 119 sq meters or 1,280 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 August 2022 the House Price Index for GREATER LONDON was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £650,000 results in an estimated price of approximately £653,053.
26 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.0 | 149.7 | 0.470 % | £650,000 | £3,053 | £653,053 |
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 | -25.448 % | £-165,410 | £484,589 |
3 Month Average | 2.280 % | £14,820 | £664,820 |
6 Month Average | 2.184 % | £14,198 | £664,198 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Sep 2023 | £439,693 | £430,000 | 16A LEAMINGTON AVENUE |
27 Jan 2023 | £726,942 | £725,000 | 14 LEAMINGTON AVENUE |
26 Aug 2022 | £653,054 | £650,000 | 80 HILLCROSS AVENUE |
17 Sep 2021 | £613,347 | £565,000 | 59 WOODLAND WAY |
29 Oct 2020 | £880,416 | £745,000 | 20 LEAMINGTON AVENUE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 24 Sep 2015. Using an estimated price of £653,054 means this house is valued at £5,487 per sq meter (£509 per sq foot).
The average size of a house on HILLCROSS AVENUE is 96 sq meters (1,039 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Anti-social behaviour | On or near Woodland Way | |
Apr 2024 | Anti-social behaviour | On or near Woodland Way | |
Apr 2024 | Anti-social behaviour | On or near Woodland Way | |
Apr 2024 | Anti-social behaviour | On or near Woodland Way |