£1,243,322
This estimated value is based upon the latest sale price for the house of £1,240,000 on 13 Jan 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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483 Merton Road, London, SW18 5LE
Phone: 02080335510
Price Paid | Date |
---|---|
£1,240,000 | 13 Jan 2023 |
£1,040,000 | 11 May 2016 |
£500,000 | 24 Feb 2011 |
£38,000 | 28 Feb 1997 |
Terraced |
Freehold |
Floor Area: 81 sq meters or 879 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 January 2023 the House Price Index for GREATER LONDON was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £1,240,000 results in an estimated price of approximately £1,243,322.
13 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
149.3 | 149.7 | 0.268 % | £1,240,000 | £3,322 | £1,243,322 |
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 | 19.010 % | £235,729 | £1,475,729 |
3 Month Average | 12.128 % | £150,386 | £1,390,386 |
6 Month Average | 1.168 % | £14,478 | £1,254,478 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Aug 2023 | £539,736 | £530,001 | 21 RAVENSBURY ROAD |
9 Jun 2023 | £1,199,029 | £1,175,000 | 41 RAVENSBURY ROAD |
13 Jan 2023 | £1,243,322 | £1,240,000 | 3 MOUNT ROAD |
29 Jun 2022 | £429,174 | £420,000 | FLAT 27 TIMES COURT, 24 RAVENSBURY ROAD |
29 Apr 2022 | £323,676 | £312,000 | FLAT 20 TIMES COURT, 24 RAVENSBURY ROAD |
This house has a floor area of 81 sq meters or 879 sq feet when measured on 21 Sep 2010. Using an estimated price of £1,243,322 means this house is valued at £15,214 per sq meter (£1,413 per sq foot).
The average size of a house on MOUNT ROAD is 109 sq meters (1,180 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Vehicle crime | Under investigation | On or near Mount Road |
Apr 2024 | Vehicle crime | Under investigation | On or near Mount Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Lucien Road |
Apr 2024 | Public order | Under investigation | On or near Lucien Road |
Apr 2024 | Other theft | Under investigation | On or near Durnsford Road |