£693,599
This estimated value is based upon the latest sale price for the house of £203,000 on 5 Jun 2001. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
581 London Road, Cheam, Sutton, SM3 9AE
Phone: 02080331593
| Price Paid | Date |
|---|---|
| £203,000 | 5 Jun 2001 |
| Semi-Detached |
| Freehold |
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 June 2001 the House Price Index for GREATER LONDON was 43.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 241.675%.Applying this 241.675% change to the original purchase price of £203,000 results in an estimated price of approximately £693,599.
| 5 Jun 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 43.8 | 149.7 | 241.675 % | £203,000 | £490,599 | £693,599 |
The Postcode Pricing Model uses changes in average sales price within the SM3 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 | 31.746 % | £64,443 | £267,443 |
| 3 Month Average | 157.930 % | £320,598 | £523,598 |
| 6 Month Average | 188.233 % | £382,112 | £585,112 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £639,088 | £625,000 | 200 CHURCH HILL ROAD |
| 10 Jun 2022 | £711,203 | £696,000 | 11 DARCY ROAD |
| 25 Mar 2022 | £563,724 | £540,000 | 224 CHURCH HILL ROAD |
| 16 Feb 2022 | £324,332 | £307,000 | FLAT 2 BECKETT HOUSE, 234 CHURCH HILL ROAD |
| 30 Jul 2021 | £607,831 | £525,000 | 265 CHURCH HILL ROAD |