£873,826
This estimated value is based upon the latest sale price for the house of £490,000 on 25 Sep 2009. 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 |
---|---|
£490,000 | 25 Sep 2009 |
£141,500 | 5 Jan 1998 |
Semi-Detached |
Freehold |
Floor Area: 107 sq meters or 1,160 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 September 2009 the House Price Index for GREATER LONDON was 83.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 78.332%.Applying this 78.332% change to the original purchase price of £490,000 results in an estimated price of approximately £873,826.
25 Sep 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.3 | 148.6 | 78.332 % | £490,000 | £383,826 | £873,826 |
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 | 45.085 % | £220,916 | £710,916 |
3 Month Average | 58.645 % | £287,359 | £777,359 |
6 Month Average | 82.946 % | £406,437 | £896,437 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Aug 2023 | £1,296,341 | £1,285,000 | 8 SANDBOURNE AVENUE |
7 Jul 2023 | £1,155,553 | £1,140,000 | 6 WESSEX AVENUE |
18 Jul 2022 | £1,062,861 | £1,060,000 | 121 KENLEY ROAD |
17 Mar 2022 | £813,466 | £785,000 | 107 KENLEY ROAD |
25 Nov 2021 | £1,243,741 | £1,150,000 | 3 WESSEX AVENUE |
This house has a floor area of 107 sq meters or 1,160 sq feet when measured on 1 Apr 2009. Using an estimated price of £873,827 means this house is valued at £8,106 per sq meter (£753 per sq foot).
The average size of a house on KENLEY ROAD is 122 sq meters (1,317 sq feet).