£988,419
This estimated value is based upon the latest sale price for the house of £800,000 on 15 Nov 2019. 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 |
---|---|
£800,000 | 15 Nov 2019 |
£445,000 | 1 Aug 2006 |
£250,000 | 18 May 2001 |
Terraced |
Freehold |
Floor Area: 102 sq meters or 1,099 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 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.552%.Applying this 23.552% change to the original purchase price of £800,000 results in an estimated price of approximately £988,419.
15 Nov 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.2 | 149.7 | 23.552 % | £800,000 | £188,419 | £988,419 |
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 | -3.430 % | £-27,437 | £772,562 |
3 Month Average | -0.299 % | £-2,393 | £797,606 |
6 Month Average | -1.919 % | £-15,354 | £784,645 |
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 |
7 Aug 2023 | £1,018,367 | £1,000,000 | 54 SANDBOURNE AVENUE |
30 Jun 2023 | £854,117 | £837,000 | 88 SANDBOURNE AVENUE |
28 Apr 2023 | £1,120,967 | £1,100,000 | 29 CHARNWOOD AVENUE |
This house has a floor area of 102 sq meters or 1,099 sq feet when measured on 1 Feb 2011. Using an estimated price of £988,419 means this house is valued at £9,676 per sq meter (£898 per sq foot).
The average size of a house on CHARMINSTER AVENUE is 123 sq meters (1,333 sq feet).