£393,293
This estimated value is based upon the latest sale price for the house of £328,000 on 26 Aug 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 |
|---|---|
| £328,000 | 26 Aug 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 2020 the House Price Index for GREATER LONDON was 123.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 19.907%.Applying this 19.907% change to the original purchase price of £328,000 results in an estimated price of approximately £393,293.
| 26 Aug 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.6 | 19.907 % | £328,000 | £65,293 | £393,293 |
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 | -11.742 % | £-38,512 | £289,487 |
| 3 Month Average | 5.337 % | £17,504 | £345,504 |
| 6 Month Average | 16.119 % | £52,870 | £380,870 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £235,005 | £232,000 | 1 THE HOMEFIELD |
| 21 Jul 2023 | £329,434 | £325,000 | 14 THE HOMEFIELD |
| 10 Jan 2023 | £636,999 | £640,000 | 225 LONDON ROAD |
| 29 Jun 2022 | £694,819 | £685,000 | 31 CEDARS ROAD |
| 13 Feb 2022 | £838,956 | £800,000 | 6 HATHERLEIGH CLOSE |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 18 Oct 2018. Using an estimated price of £393,294 means this house is valued at £6,666 per sq meter (£619 per sq foot).
The average size of a house on LONDON ROAD is 63 sq meters (683 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Queen Elizabeth Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Queen Elizabeth Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Queen Elizabeth Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Queen Elizabeth Gardens | |
| Apr 2024 | Anti-social behaviour | On or near Hatherleigh Close |