£541,996
This estimated value is based upon the latest sale price for the house of £450,000 on 26 Mar 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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194 Merton High Street, London, SW19 1AX
Phone: 02080225860
| Price Paid | Date |
|---|---|
| £450,000 | 26 Mar 2020 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 March 2020 the House Price Index for GREATER LONDON was 123.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 20.444%.Applying this 20.444% change to the original purchase price of £450,000 results in an estimated price of approximately £541,996.
| 26 Mar 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 148.6 | 20.444 % | £450,000 | £91,996 | £541,996 |
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 | 1.801 % | £8,103 | £458,103 |
| 3 Month Average | -11.381 % | £-51,212 | £398,787 |
| 6 Month Average | -6.519 % | £-29,334 | £420,665 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £554,854 | £550,000 | 8 DOWMAN CLOSE |
| 18 Apr 2023 | £308,320 | £305,000 | FLAT 6 HUDSON COURT PINCOTT ROAD |
| 27 Mar 2023 | £757,133 | £750,000 | 85 HARDY ROAD |
| 5 Aug 2022 | £174,530 | £175,000 | 186A MERTON HIGH STREET |
| 24 May 2022 | £952,956 | £935,000 | 69 HARDY ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 1 Feb 2020. Using an estimated price of £541,997 means this house is valued at £6,089 per sq meter (£565 per sq foot).
There is one other house on the street which we know the size of, this is 5 STANE CLOSE it is 85.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Stane Close | |
| Jan 2024 | Anti-social behaviour | On or near Stane Close | |
| Jan 2024 | Anti-social behaviour | On or near Stane Close | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Dowman Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Dowman Close |