£213,474
This estimated value is based upon the latest sale price for the house of £186,000 on 18 Dec 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 Bodmin Street
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483 Merton Road, London, SW18 5LE
Phone: 02080335510
| Price Paid | Date |
|---|---|
| £186,000 | 18 Dec 2020 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 December 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £186,000 results in an estimated price of approximately £213,474.
| 18 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £186,000 | £27,474 | £213,474 |
The Postcode Pricing Model uses changes in average sales price within the SW18 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 | 42.407 % | £78,876 | £264,876 |
| 3 Month Average | -2.138 % | £-3,975 | £182,024 |
| 6 Month Average | 0.476 % | £884 | £186,884 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Sep 2023 | £227,914 | £225,000 | FLAT 8 MILL COURT, 432 MERTON ROAD |
| 17 Aug 2023 | £423,707 | £420,000 | FLAT 5 MILL COURT, 432 MERTON ROAD |
| 28 Jul 2023 | £1,477,089 | £1,457,209 | 132 ASTONVILLE STREET |
| 11 Apr 2023 | £1,213,061 | £1,200,000 | 450 MERTON ROAD |
| 3 Nov 2022 | £711,383 | £720,000 | 141A LAVENHAM ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 4 Sep 2015. Using an estimated price of £213,475 means this house is valued at £3,139 per sq meter (£291 per sq foot).
The average size of a house on MERTON ROAD is 74 sq meters (798 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Bicycle theft | Under investigation | On or near Bodmin Street |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Bodmin Street |
| Mar 2024 | Burglary | Under investigation | On or near Bodmin Street |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Bodmin Street |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Bodmin Street |