£1,250,944
This estimated value is based upon the latest sale price for the house of £1,240,001 on 3 Aug 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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483 Merton Road, London, SW18 5LE
Phone: 02080335510
| Price Paid | Date |
|---|---|
| £1,240,001 | 3 Aug 2023 |
| £980,000 | 13 Jun 2017 |
| £450,000 | 17 Sep 2010 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 802 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 August 2023 the House Price Index for GREATER LONDON was 147.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.883%.Applying this 0.883% change to the original purchase price of £1,240,001 results in an estimated price of approximately £1,250,944.
| 3 Aug 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.3 | 148.6 | 0.883 % | £1,240,001 | £10,943 | £1,250,944 |
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 | -22.618 % | £-280,464 | £959,536 |
| 3 Month Average | -19.496 % | £-241,752 | £998,248 |
| 6 Month Average | -13.736 % | £-170,324 | £1,069,676 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £1,231,749 | £1,216,000 | 22 GORDONDALE ROAD |
| 3 Aug 2023 | £1,250,945 | £1,240,001 | 1 LUCIEN ROAD |
| 24 Jul 2023 | £1,221,439 | £1,205,000 | 10 GORDONDALE ROAD |
| 21 Jul 2023 | £916,333 | £904,000 | 5 HAVANA ROAD |
| 14 Apr 2023 | £1,213,061 | £1,200,000 | 11 BROOKLANDS AVENUE |
This house has a floor area of 74 sq meters or 802 sq feet when measured on 11 May 2010. Using an estimated price of £1,250,945 means this house is valued at £16,768 per sq meter (£1,557 per sq foot).
The average size of a house on LUCIEN ROAD is 112 sq meters (1,212 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Lucien Road |
| Apr 2024 | Public order | Under investigation | On or near Lucien Road |
| Mar 2024 | Public order | Under investigation | On or near Lucien Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Lucien Road |
| Feb 2024 | Burglary | Under investigation | On or near Gordondale Road |