£321,236
This estimated value is based upon the latest sale price for the house of £260,000 on 29 Nov 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Schoolgate Drive
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107 London Road, Morden, SM4 5HP
Phone: 02080220095
| Price Paid | Date |
|---|---|
| £260,000 | 29 Nov 2019 |
| £165,995 | 22 Dec 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 38 sq meters or 419 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 November 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £260,000 results in an estimated price of approximately £321,236.
| 29 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.552 % | £260,000 | £61,236 | £321,236 |
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 | 7.651 % | £19,891 | £279,891 |
| 3 Month Average | 2.858 % | £7,431 | £267,431 |
| 6 Month Average | 11.617 % | £30,203 | £290,203 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £252,046 | £247,500 | FLAT 96 FIELD HOUSE, 40 SCHOOLGATE DRIVE |
| 3 Mar 2023 | £279,671 | £275,000 | FLAT 93 FIELD HOUSE, 40 SCHOOLGATE DRIVE |
| 7 Jul 2022 | £272,733 | £270,000 | FLAT 39 FIELD HOUSE, 40 SCHOOLGATE DRIVE |
| 20 May 2022 | £351,148 | £342,000 | FLAT 5 FIELD HOUSE, 40 SCHOOLGATE DRIVE |
| 23 Mar 2022 | £222,358 | £213,000 | FLAT 81 FIELD HOUSE, 40 SCHOOLGATE DRIVE |
This house has a floor area of 38 sq meters or 419 sq feet when measured on 13 Feb 2012. Using an estimated price of £321,236 means this house is valued at £8,241 per sq meter (£765 per sq foot).
The average size of a house on SCHOOLGATE DRIVE is 64 sq meters (697 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Schoolgate Drive | |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Schoolgate Drive |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Schoolgate Drive |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Schoolgate Drive |
| Oct 2024 | Anti-social behaviour | On or near Willows Avenue |