£270,972
This estimated value is based upon the latest sale price for the house of £225,000 on 27 Jul 2020. 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 London Road
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107 London Road, Morden, SM4 5HP
Phone: 02080220095
| Price Paid | Date |
|---|---|
| £225,000 | 27 Jul 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 50 sq meters or 538 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 July 2020 the House Price Index for GREATER LONDON was 122.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 20.432%.Applying this 20.432% change to the original purchase price of £225,000 results in an estimated price of approximately £270,972.
| 27 Jul 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 148.0 | 20.432 % | £225,000 | £45,972 | £270,972 |
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 | -2.550 % | £-5,737 | £219,262 |
| 3 Month Average | 4.895 % | £11,014 | £236,014 |
| 6 Month Average | 19.346 % | £43,529 | £268,529 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jan 2023 | £634,427 | £640,000 | 225 LONDON ROAD |
| 14 Oct 2022 | £261,119 | £265,000 | FLAT 18 GROSVENOR COURT LONDON ROAD |
| 23 Aug 2022 | £188,725 | £190,000 | FLAT 62 GROSVENOR COURT LONDON ROAD |
| 1 Jul 2022 | £209,717 | £210,000 | FLAT 86 GROSVENOR COURT LONDON ROAD |
| 21 Dec 2021 | £325,451 | £305,000 | 45 THE HOLT |
This house has a floor area of 50 sq meters or 538 sq feet when measured on 28 Nov 2019. Using an estimated price of £270,972 means this house is valued at £5,419 per sq meter (£503 per sq foot).
The average size of a house on LONDON ROAD is 63 sq meters (683 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near London Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near London Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Goodwood Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Goodwood Close |
| Jan 2024 | Anti-social behaviour | On or near Queen Elizabeth Gardens |