£389,489
This estimated value is based upon the latest sale price for the house of £78,000 on 29 Sep 1997. 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 |
|---|---|
| £78,000 | 29 Sep 1997 |
| Flats/Maisonettes |
| Leasehold |
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 1997 the House Price Index for GREATER LONDON was 29.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 399.345%.Applying this 399.345% change to the original purchase price of £78,000 results in an estimated price of approximately £389,489.
| 29 Sep 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 148.6 | 399.345 % | £78,000 | £311,489 | £389,489 |
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 | 468.143 % | £365,151 | £443,151 |
| 3 Month Average | 392.207 % | £305,921 | £383,921 |
| 6 Month Average | 419.497 % | £327,207 | £405,207 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £442,747 | £435,000 | FLAT 8 MASTIN HOUSE MERTON ROAD |
| 22 Sep 2023 | £329,209 | £325,000 | 5 BODMIN STREET |
| 4 Sep 2023 | £227,914 | £225,000 | FLAT 8 MILL COURT, 432 MERTON ROAD |
| 17 Aug 2023 | £423,707 | £420,000 | FLAT 5 MILL COURT, 432 MERTON ROAD |
| 11 Apr 2023 | £1,213,061 | £1,200,000 | 450 MERTON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Bodmin Street |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Bodmin Street |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Bodmin Street |
| Dec 2023 | Anti-social behaviour | On or near Bodmin Street | |
| Dec 2023 | Anti-social behaviour | On or near Bodmin Street |