£410,919
This estimated value is based upon the latest sale price for the house of £248,500 on 9 Aug 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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581 London Road, Cheam, Sutton, SM3 9AE
Phone: 02080331593
Price Paid | Date |
---|---|
£248,500 | 9 Aug 2013 |
£217,000 | 28 Oct 2011 |
£76,500 | 31 May 1996 |
Terraced |
Freehold |
Floor Area: 64 sq meters or 688 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 2013 the House Price Index for GREATER LONDON was 89.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.360%.Applying this 65.360% change to the original purchase price of £248,500 results in an estimated price of approximately £410,919.
9 Aug 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.9 | 148.6 | 65.360 % | £248,500 | £162,419 | £410,919 |
The Postcode Pricing Model uses changes in average sales price within the SM4 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 | 45.038 % | £111,919 | £360,419 |
3 Month Average | 65.047 % | £161,640 | £410,140 |
6 Month Average | 81.688 % | £202,993 | £451,493 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £424,281 | £418,000 | 28 SOUTHWOOD CLOSE |
28 Apr 2023 | £368,973 | £365,000 | 93 GARTH ROAD |
28 Feb 2023 | £439,704 | £440,000 | 121 GARTH ROAD |
9 Aug 2022 | £267,281 | £268,000 | 60 SOUTHWOOD CLOSE |
13 Jun 2022 | £441,236 | £435,000 | 9 CHARMINSTER ROAD |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 3 Feb 2020. Using an estimated price of £410,920 means this house is valued at £6,420 per sq meter (£596 per sq foot).
The average size of a house on GARTH ROAD is 78 sq meters (840 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Public order | Under investigation | On or near Charminster Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Garth Road |
Jan 2024 | Anti-social behaviour | On or near Garth Road | |
Jan 2024 | Anti-social behaviour | On or near Garth Road | |
Jan 2024 | Anti-social behaviour | On or near Garth Road |