£366,689
This estimated value is based upon the latest sale price for the house of £263,000 on 22 Dec 2015. 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 |
|---|---|
| £263,000 | 22 Dec 2015 |
| £166,495 | 29 Sep 2010 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 43 sq meters or 467 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 2015 the House Price Index for GREATER LONDON was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £263,000 results in an estimated price of approximately £366,689.
| 22 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £263,000 | £103,689 | £366,689 |
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 | 32.178 % | £84,627 | £347,627 |
| 3 Month Average | 14.991 % | £39,425 | £302,425 |
| 6 Month Average | 27.010 % | £71,035 | £334,035 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2023 | £347,902 | £340,000 | FLAT 4 NURSERY VIEW HOUSE, 38 SCHOOLGATE DRIVE |
| 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 |
This house has a floor area of 43 sq meters or 467 sq feet when measured on 12 Aug 2010. Using an estimated price of £366,690 means this house is valued at £8,449 per sq meter (£784 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 |
| Oct 2024 | Vehicle crime | Under investigation | On or near Calder Road |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Calder Road |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Calder Road |