£1,062,850
This estimated value is based upon the latest sale price for the house of £820,000 on 16 Mar 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Sutton, SM2 5QT
Phone: 02034630324
Price Paid | Date |
---|---|
£820,000 | 16 Mar 2017 |
£455,000 | 15 Jul 2005 |
£195,000 | 2 May 1997 |
Detached |
Freehold |
Floor Area: 138 sq meters or 1,485 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 2017 the House Price Index for GREATER LONDON was 114.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 29.616%.Applying this 29.616% change to the original purchase price of £820,000 results in an estimated price of approximately £1,062,850.
16 Mar 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.6 | 148.6 | 29.616 % | £820,000 | £242,850 | £1,062,850 |
The Postcode Pricing Model uses changes in average sales price within the SM2 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 | 25.306 % | £207,505 | £1,027,505 |
3 Month Average | 20.731 % | £169,997 | £989,997 |
6 Month Average | 0.580 % | £4,751 | £824,751 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Dec 2023 | £1,424,932 | £1,400,000 | 1 HEATH DRIVE |
7 Feb 2023 | £1,064,284 | £1,065,000 | 53 CHILTERN ROAD |
27 Jan 2023 | £1,393,436 | £1,400,000 | PROTEA PLACE, 44 THE HIGHWAY |
12 Aug 2022 | £373,993 | £375,000 | 20 THE CHILTERNS |
12 May 2022 | £759,307 | £745,000 | 9 BASSETT CLOSE |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 3 Aug 2016. Using an estimated price of £1,062,851 means this house is valued at £7,701 per sq meter (£715 per sq foot).
The average size of a house on CHILTERN ROAD is 140 sq meters (1,512 sq feet).