£308,189
This estimated value is based upon the latest sale price for the house of £177,500 on 8 Nov 2011. 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 |
|---|---|
| £177,500 | 8 Nov 2011 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 56 sq meters or 602 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 2011 the House Price Index for GREATER LONDON was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.628%.Applying this 73.628% change to the original purchase price of £177,500 results in an estimated price of approximately £308,189.
| 8 Nov 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 149.7 | 73.628 % | £177,500 | £130,689 | £308,189 |
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 | 81.357 % | £144,409 | £321,909 |
| 3 Month Average | 85.952 % | £152,564 | £330,064 |
| 6 Month Average | 80.347 % | £142,616 | £320,116 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £286,507 | £280,000 | 2 THE HOLT |
| 27 Oct 2023 | £291,623 | £285,000 | FLAT 72 GROSVENOR COURT LONDON ROAD |
| 10 Jan 2023 | £641,715 | £640,000 | 225 LONDON ROAD |
| 14 Oct 2022 | £264,118 | £265,000 | FLAT 18 GROSVENOR COURT LONDON ROAD |
| 23 Aug 2022 | £190,893 | £190,000 | FLAT 62 GROSVENOR COURT LONDON ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 1 Aug 2021. Using an estimated price of £308,190 means this house is valued at £5,503 per sq meter (£511 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 |
| Apr 2024 | Anti-social behaviour | On or near Hatherleigh Close | |
| Apr 2024 | Anti-social behaviour | On or near Hatherleigh Close | |
| Apr 2024 | Anti-social behaviour | On or near Hatherleigh Close | |
| Apr 2024 | Anti-social behaviour | On or near Hatherleigh Close |