£787,031
This estimated value is based upon the latest sale price for the house of £500,000 on 21 Mar 2014. 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 |
|---|---|
| £500,000 | 21 Mar 2014 |
| £224,000 | 22 Mar 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 2014 the House Price Index for GREATER LONDON was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £500,000 results in an estimated price of approximately £787,031.
| 21 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 148.6 | 57.406 % | £500,000 | £287,031 | £787,031 |
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 | -61.403 % | £-307,014 | £192,985 |
| 3 Month Average | 60.408 % | £302,041 | £802,041 |
| 6 Month Average | 65.712 % | £328,559 | £828,559 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £646,308 | £635,000 | 5 WRAYFIELD ROAD |
| 1 Sep 2023 | £633,095 | £625,000 | 200 CHURCH HILL ROAD |
| 28 Jul 2023 | £719,686 | £710,000 | 13 DARCY ROAD |
| 10 Jun 2022 | £705,977 | £696,000 | 11 DARCY ROAD |
| 9 Oct 2020 | £774,235 | £660,000 | 32 HILBERT ROAD |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 30 Sep 2013. Using an estimated price of £787,031 means this house is valued at £5,962 per sq meter (£553 per sq foot).
The average size of a house on HILBERT ROAD is 155 sq meters (1,669 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hilbert Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hilbert Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hilbert Road |
| Apr 2024 | Burglary | Under investigation | On or near Hayes Crescent |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Supermarket |