£348,567
This estimated value is based upon the latest sale price for the house of £342,000 on 20 May 2022. 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 |
---|---|
£342,000 | 20 May 2022 |
Flats/Maisonettes |
Leasehold |
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 May 2022 the House Price Index for GREATER LONDON was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £342,000 results in an estimated price of approximately £348,567.
20 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 148.6 | 1.920 % | £342,000 | £6,567 | £348,567 |
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 | 72.006 % | £246,259 | £588,259 |
3 Month Average | 19.517 % | £66,746 | £408,746 |
6 Month Average | 6.536 % | £22,353 | £364,353 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £249,684 | £247,500 | FLAT 96 FIELD HOUSE, 40 SCHOOLGATE DRIVE |
3 Mar 2023 | £277,615 | £275,000 | FLAT 93 FIELD HOUSE, 40 SCHOOLGATE DRIVE |
7 Jul 2022 | £270,729 | £270,000 | FLAT 39 FIELD HOUSE, 40 SCHOOLGATE DRIVE |
20 May 2022 | £348,568 | £342,000 | FLAT 5 FIELD HOUSE, 40 SCHOOLGATE DRIVE |
23 Mar 2022 | £220,724 | £213,000 | FLAT 81 FIELD HOUSE, 40 SCHOOLGATE DRIVE |
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Willows Avenue |
Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Willows Avenue |
Jan 2024 | Shoplifting | Under investigation | On or near Willows Avenue |
Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Willows Avenue |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Willows Avenue |