£880,504
This estimated value is based upon the latest sale price for the house of £187,000 on 29 May 1998. 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 |
|---|---|
| £187,000 | 29 May 1998 |
| Terraced |
| Freehold |
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 1998 the House Price Index for GREATER LONDON was 31.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 370.858%.Applying this 370.858% change to the original purchase price of £187,000 results in an estimated price of approximately £880,504.
| 29 May 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.6 | 148.6 | 370.858 % | £187,000 | £693,504 | £880,504 |
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 | 354.750 % | £663,382 | £850,382 |
| 3 Month Average | 328.749 % | £614,760 | £801,760 |
| 6 Month Average | 363.796 % | £680,298 | £867,298 |
| 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 |
| 15 Oct 2021 | £829,859 | £750,000 | 73 GRASMERE AVENUE |
| 10 Sep 2021 | £1,077,592 | £1,000,000 | 44 GRASMERE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Crown Lane |