£568,762
This estimated value is based upon the latest sale price for the house of £330,000 on 14 Nov 2011. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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107 London Road, Morden, SM4 5HP
Phone: 02080220095
| Price Paid | Date |
|---|---|
| £330,000 | 14 Nov 2011 |
| £246,000 | 15 Jul 2003 |
| £192,500 | 26 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 97 sq meters or 1,047 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 2011 the House Price Index for GREATER LONDON was 86.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.352%.Applying this 72.352% change to the original purchase price of £330,000 results in an estimated price of approximately £568,762.
| 14 Nov 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.6 | 72.352 % | £330,000 | £238,762 | £568,762 |
The Postcode Pricing Model uses changes in average sales price within the SM4 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 | 113.199 % | £373,558 | £703,558 |
| 3 Month Average | 82.969 % | £273,798 | £603,798 |
| 6 Month Average | 87.812 % | £289,779 | £619,779 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £559,795 | £550,000 | 78 FARM ROAD |
| 8 Sep 2023 | £266,406 | £263,000 | 47 CENTRAL GARDENS |
| 14 Jun 2023 | £688,338 | £680,000 | 43 WILLOWS AVENUE |
| 7 Jun 2022 | £253,584 | £250,000 | 42 CENTRAL GARDENS |
| 4 Mar 2022 | £264,247 | £255,000 | 46 CENTRAL GARDENS |
This house has a floor area of 97 sq meters or 1,047 sq feet when measured on 3 Jul 2010. Using an estimated price of £568,763 means this house is valued at £5,844 per sq meter (£542 per sq foot).
The average size of a house on FARM ROAD is 103 sq meters (1,117 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Jarrow Close |
| Jan 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Central Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Central Road |
| Jan 2024 | Shoplifting | Under investigation | On or near Central Road |
| Jan 2024 | Shoplifting | Under investigation | On or near Central Road |