£1,222,372
This estimated value is based upon the latest sale price for the house of £980,000 on 18 May 2018. 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 |
|---|---|
| £980,000 | 18 May 2018 |
| £550,000 | 14 Jun 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 193 sq meters or 2,077 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 May 2018 the House Price Index for GREATER LONDON was 119.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.732%.Applying this 24.732% change to the original purchase price of £980,000 results in an estimated price of approximately £1,222,372.
| 18 May 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 148.6 | 24.732 % | £980,000 | £242,372 | £1,222,372 |
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 | -7.687 % | £-75,334 | £904,665 |
| 3 Month Average | 7.132 % | £69,893 | £1,049,893 |
| 6 Month Average | 4.913 % | £48,147 | £1,028,147 |
| 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 193 sq meters or 2,077 sq feet when measured on 8 Dec 2017. Using an estimated price of £1,222,373 means this house is valued at £6,333 per sq meter (£588 per sq foot).
The average size of a house on POPLAR ROAD SOUTH is 144 sq meters (1,559 sq feet).
This house is the largest in the street with a floor area of 193 sq meters (2,077 sq feet).