£514,385
This estimated value is based upon the latest sale price for the house of £450,000 on 11 Dec 2020. 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 |
---|---|
£450,000 | 11 Dec 2020 |
£185,000 | 15 Jun 2009 |
Terraced |
Freehold |
Floor Area: 68 sq meters or 731 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 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.308%.Applying this 14.308% change to the original purchase price of £450,000 results in an estimated price of approximately £514,385.
11 Dec 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.0 | 14.308 % | £450,000 | £64,385 | £514,385 |
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 | -10.890 % | £-49,006 | £400,993 |
3 Month Average | -0.211 % | £-947 | £449,052 |
6 Month Average | 8.524 % | £38,356 | £488,356 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jun 2023 | £499,046 | £495,000 | 154 BORDESLEY ROAD |
14 Oct 2022 | £482,823 | £490,000 | 6 BUCKFAST ROAD |
24 Jun 2022 | £489,966 | £485,000 | 59 BORDESLEY ROAD |
21 Apr 2022 | £400,000 | £390,000 | 11 BORDESLEY ROAD |
10 Sep 2021 | £531,255 | £495,000 | 83 BORDESLEY ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 24 Jul 2020. Using an estimated price of £514,386 means this house is valued at £7,564 per sq meter (£702 per sq foot).
The average size of a house on ABBOTSBURY ROAD is 73 sq meters (792 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Under investigation | On or near Abbotsbury Road |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Abbotsbury Road |
Jan 2024 | Public order | Under investigation | On or near Bordesley Road |
Apr 2024 | Vehicle crime | Under investigation | On or near Birchwood Close |
Apr 2024 | Anti-social behaviour | On or near Birchwood Close |