£760,534
This estimated value is based upon the latest sale price for the house of £580,000 on 9 Dec 2016. 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 | 9 Dec 2016 |
£184,950 | 13 Dec 1999 |
Terraced |
Freehold |
Floor Area: 166 sq meters or 1,786 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 December 2016 the House Price Index for GREATER LONDON was 113.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 31.127%.Applying this 31.127% change to the original purchase price of £580,000 results in an estimated price of approximately £760,534.
9 Dec 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
113.3 | 148.6 | 31.127 % | £580,000 | £180,534 | £760,534 |
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 | -28.425 % | £-164,865 | £415,134 |
3 Month Average | -7.964 % | £-46,193 | £533,806 |
6 Month Average | -1.146 % | £-6,645 | £573,354 |
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 |
This house has a floor area of 166 sq meters or 1,786 sq feet when measured on 26 May 2017. Using an estimated price of £760,535 means this house is valued at £4,581 per sq meter (£425 per sq foot).
The average size of a house on GRASMERE AVENUE is 121 sq meters (1,308 sq feet).
This house is the largest in the street with a floor area of 166 sq meters (1,786 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near Crown Lane |