£463,367
This estimated value is based upon the latest sale price for the house of £395,000 on 16 Oct 2020. 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 |
|---|---|
| £395,000 | 16 Oct 2020 |
| £375,000 | 13 May 2016 |
| £227,000 | 28 Feb 2012 |
| £204,000 | 13 Aug 2004 |
| £154,000 | 7 Jun 2002 |
| £86,750 | 19 Dec 1997 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,004 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 October 2020 the House Price Index for GREATER LONDON was 126.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 17.308%.Applying this 17.308% change to the original purchase price of £395,000 results in an estimated price of approximately £463,367.
| 16 Oct 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.6 | 17.308 % | £395,000 | £68,367 | £463,367 |
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 | -2.739 % | £-10,819 | £384,180 |
| 3 Month Average | 1.087 % | £4,293 | £399,293 |
| 6 Month Average | 11.535 % | £45,563 | £440,563 |
| 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 93 sq meters or 1,004 sq feet when measured on 24 Mar 2011. Using an estimated price of £463,368 means this house is valued at £4,964 per sq meter (£461 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 |