£557,920
This estimated value is based upon the latest sale price for the house of £520,000 on 28 Jun 2021. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Olive Road
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8 Merton High Street, Colliers Wood, SW19 1DN
Phone: 02034638397
| Price Paid | Date |
|---|---|
| £520,000 | 28 Jun 2021 |
| £325,000 | 13 Oct 2011 |
| Terraced |
| Freehold |
| Floor Area: 61 sq meters or 659 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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.292%.Applying this 7.292% change to the original purchase price of £520,000 results in an estimated price of approximately £557,920.
| 28 Jun 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.6 | 7.292 % | £520,000 | £37,920 | £557,920 |
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 | -18.882 % | £-98,186 | £421,813 |
| 3 Month Average | -15.767 % | £-81,990 | £438,009 |
| 6 Month Average | -6.601 % | £-34,324 | £485,675 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Nov 2023 | £862,773 | £850,000 | 17 LABURNUM ROAD |
| 17 Nov 2023 | £786,646 | £775,000 | 25 NORMAN ROAD |
| 20 Jun 2023 | £875,606 | £865,000 | 45 NORMAN ROAD |
| 29 Jul 2022 | £656,768 | £655,000 | 38A GROVE ROAD |
| 30 Jun 2021 | £1,013,913 | £945,000 | 53 NORMAN ROAD |
This house has a floor area of 61 sq meters or 659 sq feet when measured on 12 Jan 2011. Using an estimated price of £557,921 means this house is valued at £9,110 per sq meter (£846 per sq foot).
The average size of a house on GROVE ROAD is 82 sq meters (891 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Burglary | Under investigation | On or near Olive Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Grove Road |
| Feb 2024 | Vehicle crime | Under investigation | On or near Norman Road |
| Feb 2024 | Anti-social behaviour | On or near Norman Road | |
| Jan 2024 | Burglary | Under investigation | On or near Norman Road |