£1,109,000
This estimated value is based upon the latest sale price for the house of £815,000 on 10 Mar 2016. 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 |
---|---|
£815,000 | 10 Mar 2016 |
Terraced |
Freehold |
Floor Area: 144 sq meters or 1,550 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 March 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £815,000 results in an estimated price of approximately £1,109,000.
10 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 149.7 | 36.074 % | £815,000 | £294,000 | £1,109,000 |
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 | 24.330 % | £198,285 | £1,013,285 |
3 Month Average | 14.813 % | £120,724 | £935,724 |
6 Month Average | 13.323 % | £108,585 | £923,585 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Jun 2024 | £780,000 | £780,000 | 77 SANDBOURNE AVENUE |
18 Apr 2024 | £1,109,636 | £1,100,000 | 24 WESSEX AVENUE |
10 Oct 2023 | £1,099,983 | £1,075,000 | 36 ERRIDGE ROAD |
28 Apr 2023 | £1,120,967 | £1,100,000 | 29 CHARNWOOD AVENUE |
19 Jan 2023 | £902,411 | £900,000 | 17 CHARMINSTER AVENUE |
This house has a floor area of 144 sq meters or 1,550 sq feet when measured on 6 Feb 2015. Using an estimated price of £1,109,000 means this house is valued at £7,701 per sq meter (£715 per sq foot).
The average size of a house on CHARMINSTER AVENUE is 123 sq meters (1,333 sq feet).
This house is the largest in the street with a floor area of 144 sq meters (1,550 sq feet).