£669,081
This estimated value is based upon the latest sale price for the house of £494,000 on 20 Apr 2016. This value is then adjusted by the current Official House Price Index for SURREY 1
There has been one burglary within the last year on or near Lipsham Close
More crime details
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Sutton, SM2 5QT
Phone: 02034630324
Price Paid | Date |
---|---|
£494,000 | 20 Apr 2016 |
Detached |
Freehold |
Floor Area: 68 sq meters or 731 sq feet |
This model uses changes in the Official Land Registry House Price Index for SURREY to estimate the market value.
When this house was purchased in April 2016 the House Price Index for SURREY was 109.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.442%.Applying this 35.442% change to the original purchase price of £494,000 results in an estimated price of approximately £669,081.
20 Apr 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
109.7 | 148.6 | 35.442 % | £494,000 | £175,081 | £669,081 |
The Postcode Pricing Model uses changes in average sales price within the SM7 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 | 154.990 % | £765,648 | £1,259,648 |
3 Month Average | 17.134 % | £84,643 | £578,643 |
6 Month Average | 36.230 % | £178,975 | £672,975 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Aug 2023 | £605,295 | £600,000 | 7 FAIRLAWN GROVE |
21 Jul 2023 | £304,093 | £300,000 | THE BUNGALOW NICOLA FARM, 39 WOODMANSTERNE LANE |
17 Jul 2023 | £633,527 | £625,000 | 16 LIPSHAM CLOSE |
13 Feb 2023 | £1,019,314 | £1,020,000 | TREE TOPS, 17 SOUTH DRIVE |
22 Jul 2022 | £566,525 | £565,000 | 9 FAIRLAWN GROVE |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 15 May 2015. Using an estimated price of £669,081 means this house is valued at £9,839 per sq meter (£914 per sq foot).
The average size of a house on FAIRLAWN GROVE is 91 sq meters (988 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Lipsham Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Barn Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodmansterne Lane |