£777,026
This estimated value is based upon the latest sale price for the house of £630,000 on 31 Jul 2019. 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 |
|---|---|
| £630,000 | 31 Jul 2019 |
| £320,000 | 13 Jul 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 109 sq meters or 1,173 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 July 2019 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £630,000 results in an estimated price of approximately £777,026.
| 31 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £630,000 | £147,026 | £777,026 |
The Postcode Pricing Model uses changes in average sales price within the KT4 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 | 20.756 % | £130,763 | £760,763 |
| 3 Month Average | -2.790 % | £-17,578 | £612,421 |
| 6 Month Average | 15.487 % | £97,570 | £727,570 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £683,177 | £677,200 | 37 FARM WAY |
| 17 Mar 2023 | £600,659 | £595,000 | 34 GRANDISON ROAD |
| 26 Aug 2022 | £713,081 | £715,000 | 26 ELM WAY |
| 28 Jul 2022 | £810,181 | £808,000 | 6 GRANDISON ROAD |
| 28 Feb 2022 | £798,057 | £761,000 | 21 FARM WAY |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 18 Feb 2019. Using an estimated price of £777,026 means this house is valued at £7,128 per sq meter (£662 per sq foot).
The average size of a house on GRANDISON ROAD is 131 sq meters (1,420 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Quantock Drive | |
| Jan 2024 | Anti-social behaviour | On or near Quantock Drive | |
| Jan 2024 | Anti-social behaviour | On or near Quantock Drive | |
| Jan 2024 | Anti-social behaviour | On or near Quantock Drive | |
| Jan 2024 | Anti-social behaviour | On or near Quantock Drive |