£279,622
This estimated value is based upon the latest sale price for the house of £280,000 on 15 Jul 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 |
|---|---|
| £280,000 | 15 Jul 2022 |
| £297,000 | 20 May 2016 |
| £240,000 | 8 Aug 2014 |
| £187,500 | 28 Jun 2013 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 2022 the House Price Index for GREATER LONDON was 148.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of -0.135%.Applying this -0.135% change to the original purchase price of £280,000 results in an estimated price of approximately £279,622.
| 15 Jul 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.0 | -0.135 % | £280,000 | £-377 | £279,622 |
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 | 21.694 % | £60,743 | £340,743 |
| 3 Month Average | 2.361 % | £6,609 | £286,609 |
| 6 Month Average | 7.446 % | £20,849 | £300,849 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £390,007 | £385,000 | FLAT 1 ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVE |
| 10 Aug 2023 | £332,019 | £330,000 | FLAT 24 WINDINGS HOUSE, 23 SCHOOLGATE DRIVE |
| 17 Jul 2023 | £630,969 | £625,000 | 32 SCHOOLGATE DRIVE |
| 3 Mar 2023 | £276,495 | £275,000 | FLAT 93 FIELD HOUSE, 40 SCHOOLGATE DRIVE |
| 14 Feb 2023 | £258,776 | £260,000 | FLAT 10 WINDINGS HOUSE, 23 SCHOOLGATE DRIVE |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 20 Mar 2013. Using an estimated price of £279,622 means this house is valued at £5,706 per sq meter (£530 per sq foot).
The average size of a house on SCHOOLGATE DRIVE is 64 sq meters (697 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Under investigation | On or near Central Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Central Road |
| Feb 2024 | Anti-social behaviour | On or near Central Road | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Central Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Central Road |