£1,101,802
This estimated value is based upon the latest sale price for the house of £867,500 on 18 Aug 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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24 Crown Lane, Morden, SM4 5BL
Phone: 02036414364
Price Paid | Date |
---|---|
£867,500 | 18 Aug 2017 |
£420,000 | 21 Jul 2006 |
Terraced |
Freehold |
Floor Area: 138 sq meters or 1,485 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 August 2017 the House Price Index for GREATER LONDON was 117.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.009%.Applying this 27.009% change to the original purchase price of £867,500 results in an estimated price of approximately £1,101,802.
18 Aug 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.0 | 148.6 | 27.009 % | £867,500 | £234,302 | £1,101,802 |
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 | -0.924 % | £-8,018 | £859,481 |
3 Month Average | -3.109 % | £-26,972 | £840,527 |
6 Month Average | 1.982 % | £17,192 | £884,692 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
25 Sep 2023 | £1,124,376 | £1,110,000 | 72 KENLEY ROAD |
14 Apr 2023 | £788,490 | £780,000 | 57 KENLEY ROAD |
24 Mar 2023 | £822,751 | £815,000 | 81 CIRCLE GARDENS |
11 Nov 2022 | £1,301,238 | £1,317,000 | 55 CIRCLE GARDENS |
1 Jul 2022 | £1,112,996 | £1,110,000 | 23 KENLEY ROAD |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 22 May 2017. Using an estimated price of £1,101,802 means this house is valued at £7,984 per sq meter (£741 per sq foot).
The average size of a house on KENLEY ROAD is 122 sq meters (1,317 sq feet).