£465,499
This estimated value is based upon the latest sale price for the house of £355,000 on 15 Dec 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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24 Crown Lane, Morden, SM4 5BL
Phone: 02036414364
| Price Paid | Date |
|---|---|
| £355,000 | 15 Dec 2016 |
| £169,250 | 14 Sep 2012 |
| £150,000 | 17 Dec 2009 |
| £155,000 | 1 Sep 2006 |
| £133,000 | 28 Nov 2003 |
| £133,000 | 28 Nov 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 57 sq meters or 613 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 2016 the House Price Index for GREATER LONDON was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £355,000 results in an estimated price of approximately £465,499.
| 15 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.3 | 148.6 | 31.127 % | £355,000 | £110,499 | £465,499 |
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 | 34.522 % | £122,553 | £477,553 |
| 3 Month Average | 18.132 % | £64,368 | £419,368 |
| 6 Month Average | 17.833 % | £63,306 | £418,306 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Jul 2023 | £397,855 | £392,500 | 2 HEYFORD AVENUE |
| 4 Jul 2022 | £661,781 | £660,000 | 68 MAYCROSS AVENUE |
| 23 Jun 2022 | £263,727 | £260,000 | 94 MARTIN WAY |
| 19 May 2022 | £300,665 | £295,000 | 78 MARTIN WAY |
| 10 Sep 2021 | £673,495 | £625,000 | 6 MAYCROSS AVENUE |
This house has a floor area of 57 sq meters or 613 sq feet when measured on 21 Apr 2012. Using an estimated price of £465,500 means this house is valued at £8,166 per sq meter (£758 per sq foot).
The average size of a house on MARTIN WAY is 69 sq meters (744 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near B286 |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near B286 |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near B286 |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Heyford Avenue |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Mossville Gardens |