£508,555
This estimated value is based upon the latest sale price for the house of £500,000 on 3 May 2023. 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 |
|---|---|
| £500,000 | 3 May 2023 |
| £177,000 | 19 Oct 2001 |
| Freehold |
| Floor Area: 104 sq meters or 1,119 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 May 2023 the House Price Index for GREATER LONDON was 146.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.711%.Applying this 1.711% change to the original purchase price of £500,000 results in an estimated price of approximately £508,555.
| 3 May 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.1 | 148.6 | 1.711 % | £500,000 | £8,555 | £508,555 |
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 | 3.418 % | £17,091 | £517,091 |
| 3 Month Average | -6.491 % | £-32,453 | £467,546 |
| 6 Month Average | 2.808 % | £14,038 | £514,038 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £390,786 | £385,000 | FLAT 1 ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVE |
| 10 Aug 2023 | £332,912 | £330,000 | FLAT 24 WINDINGS HOUSE, 23 SCHOOLGATE DRIVE |
| 30 Jun 2023 | £435,779 | £430,500 | 14 BRISTOL ROAD |
| 14 Feb 2023 | £259,825 | £260,000 | FLAT 10 WINDINGS HOUSE, 23 SCHOOLGATE DRIVE |
| 13 Oct 2022 | £346,272 | £350,000 | FLAT 20 ASSEMBLY HOUSE, 1 SCHOOLGATE DRIVE |
This house has a floor area of 104 sq meters or 1,119 sq feet when measured on 19 Sep 2019.
The average size of a house on CENTRAL ROAD is 79 sq meters (853 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Buckfast Road | |
| Jan 2024 | Anti-social behaviour | On or near Buckfast Road | |
| Jan 2024 | Anti-social behaviour | On or near Buckfast Road | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Buckfast Road |
| Jan 2024 | Robbery | Under investigation | On or near Hazelwood Avenue |