£1,073,139
This estimated value is based upon the latest sale price for the house of £875,000 on 5 Nov 2019. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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24 Crown Lane, Morden, SM4 5BL
Phone: 02036414364
Price Paid | Date |
---|---|
£875,000 | 5 Nov 2019 |
£197,000 | 10 Dec 1999 |
Semi-Detached |
Freehold |
Floor Area: 148 sq meters or 1,593 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 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £875,000 results in an estimated price of approximately £1,073,139.
5 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 148.6 | 22.645 % | £875,000 | £198,139 | £1,073,139 |
The Postcode Pricing Model uses changes in average sales price within the SW19 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 | -26.014 % | £-227,625 | £647,374 |
3 Month Average | -14.986 % | £-131,130 | £743,869 |
6 Month Average | -9.435 % | £-82,554 | £792,445 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
27 Sep 2023 | £871,138 | £860,000 | 25 GRASMERE AVENUE |
9 Aug 2023 | £1,064,311 | £1,055,000 | 144 POPLAR ROAD SOUTH |
27 Jul 2023 | £826,119 | £815,000 | 188 POPLAR ROAD SOUTH |
27 May 2022 | £504,506 | £495,000 | 11 MARTIN WAY |
10 Sep 2021 | £1,077,592 | £1,000,000 | 44 GRASMERE AVENUE |
This house has a floor area of 148 sq meters or 1,593 sq feet when measured on 25 Jan 2019. Using an estimated price of £1,073,140 means this house is valued at £7,250 per sq meter (£673 per sq foot).
The average size of a house on POPLAR ROAD SOUTH is 144 sq meters (1,559 sq feet).