£677,469
This estimated value is based upon the latest sale price for the house of £415,000 on 21 Aug 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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483 Merton Road, London, SW18 5LE
Phone: 02080335510
| Price Paid | Date |
|---|---|
| £415,000 | 21 Aug 2013 |
| £274,000 | 14 Aug 2009 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 603 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 2013 the House Price Index for GREATER LONDON was 89.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 63.246%.Applying this 63.246% change to the original purchase price of £415,000 results in an estimated price of approximately £677,469.
| 21 Aug 2013 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.9 | 146.7 | 63.246 % | £415,000 | £262,469 | £677,469 |
The Postcode Pricing Model uses changes in average sales price within the SW18 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 | 25.557 % | £106,062 | £521,062 |
| 3 Month Average | 17.247 % | £71,575 | £486,575 |
| 6 Month Average | 27.385 % | £113,646 | £528,646 |
This house has a floor area of 56 sq meters or 603 sq feet when measured on 26 Feb 2009.
The average size of a house on PENWITH ROAD is 69 sq meters (747 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Drugs | Under investigation | On or near Penwith Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Strathville Road |
| Dec 2023 | Drugs | Investigation complete; no suspect identified | On or near Ravensbury Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Ravensbury Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Acuba Road |