£1,427,432
This estimated value is based upon the latest sale price for the house of £878,555 on 15 Nov 2013. 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 |
|---|---|
| £878,555 | 15 Nov 2013 |
| £445,000 | 25 Jan 2008 |
| Terraced |
| Freehold |
| Floor Area: 116 sq meters or 1,248 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 November 2013 the House Price Index for GREATER LONDON was 91.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 62.475%.Applying this 62.475% change to the original purchase price of £878,555 results in an estimated price of approximately £1,427,432.
| 15 Nov 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 148.6 | 62.475 % | £878,555 | £548,877 | £1,427,432 |
The Postcode Pricing Model uses changes in average sales price within the SW18 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 | 37.108 % | £326,014 | £1,204,569 |
| 3 Month Average | 19.031 % | £167,193 | £1,045,748 |
| 6 Month Average | 22.053 % | £193,745 | £1,072,300 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £1,040,403 | £1,025,000 | 92 STRATHVILLE ROAD |
| 8 Sep 2023 | £529,267 | £522,500 | 59A PENWITH ROAD |
| 1 Sep 2023 | £774,908 | £765,000 | 71A PENWITH ROAD |
| 1 Sep 2023 | £1,114,247 | £1,100,000 | 100 STRATHVILLE ROAD |
| 24 Feb 2023 | £1,119,247 | £1,120,000 | 55 STRATHVILLE ROAD |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 30 Jul 2013. Using an estimated price of £1,427,432 means this house is valued at £12,305 per sq meter (£1,143 per sq foot).
The average size of a house on STRATHVILLE ROAD is 88 sq meters (949 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Strathville Road |
| Jan 2024 | Anti-social behaviour | On or near Dounesforth Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Dounesforth Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Dounesforth Gardens | |
| Jan 2024 | Public order | Under investigation | On or near Dounesforth Gardens |