£715,357
This estimated value is based upon the latest sale price for the house of £580,000 on 31 Jul 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 |
|---|---|
| £580,000 | 31 Jul 2019 |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £580,000 results in an estimated price of approximately £715,357.
| 31 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £580,000 | £135,357 | £715,357 |
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 | -18.769 % | £-108,860 | £471,139 |
| 3 Month Average | -10.666 % | £-61,865 | £518,134 |
| 6 Month Average | -1.624 % | £-9,421 | £570,578 |
| 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 |
| 31 Mar 2023 | £535,041 | £530,000 | 68 CROWN LANE |
| 29 Mar 2023 | £492,137 | £487,500 | 58 CROWN LANE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 5 Apr 2019. Using an estimated price of £715,357 means this house is valued at £6,011 per sq meter (£558 per sq foot).
The average size of a house on GRASMERE AVENUE is 121 sq meters (1,308 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Crown Lane |
| Jan 2024 | Anti-social behaviour | On or near Windermere Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Windermere Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Windermere Avenue | |
| Jan 2024 | Anti-social behaviour | On or near Windermere Avenue |