£673,695
This estimated value is based upon the latest sale price for the house of £375,000 on 25 Sep 2009. 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 |
---|---|
£375,000 | 25 Sep 2009 |
£230,000 | 17 Apr 2009 |
Semi-Detached |
Freehold |
Floor Area: 150 sq meters or 1,620 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 September 2009 the House Price Index for GREATER LONDON was 83.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 79.652%.Applying this 79.652% change to the original purchase price of £375,000 results in an estimated price of approximately £673,695.
25 Sep 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
83.3 | 149.7 | 79.652 % | £375,000 | £298,695 | £673,695 |
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 | -22.278 % | £-83,543 | £291,456 |
3 Month Average | 49.261 % | £184,728 | £559,728 |
6 Month Average | 69.757 % | £261,588 | £636,588 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Mar 2024 | £629,674 | £620,000 | 50 WORDSWORTH DRIVE |
21 Nov 2023 | £666,929 | £650,000 | 62 WORDSWORTH DRIVE |
7 Nov 2023 | £620,757 | £605,000 | 24 KENLEY WALK |
29 Sep 2023 | £682,035 | £667,000 | 256 MALDEN ROAD |
11 Sep 2023 | £581,826 | £569,000 | 302 MALDEN ROAD |
This house has a floor area of 150 sq meters or 1,620 sq feet when measured on 14 Jun 2009. Using an estimated price of £673,695 means this house is valued at £4,474 per sq meter (£415 per sq foot).
The average size of a house on KENLEY WALK is 181 sq meters (1,951 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Other theft | Under investigation | On or near Kenley Walk |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Kenley Walk |
Apr 2024 | Anti-social behaviour | On or near Wordsworth Drive | |
Apr 2024 | Anti-social behaviour | On or near Wordsworth Drive | |
Apr 2024 | Anti-social behaviour | On or near Wordsworth Drive |