£512,279
This estimated value is based upon the latest sale price for the house of £420,000 on 31 Jan 2020. 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 |
|---|---|
| £420,000 | 31 Jan 2020 |
| £275,000 | 20 Dec 2012 |
| £269,000 | 22 Oct 2010 |
| £249,000 | 31 Oct 2006 |
| £186,000 | 16 Dec 2002 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 January 2020 the House Price Index for GREATER LONDON was 121.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.971%.Applying this 21.971% change to the original purchase price of £420,000 results in an estimated price of approximately £512,279.
| 31 Jan 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.6 | 21.971 % | £420,000 | £92,279 | £512,279 |
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 | -72.682 % | £-305,263 | £114,736 |
| 3 Month Average | 49.564 % | £208,167 | £628,167 |
| 6 Month Average | 36.017 % | £151,270 | £571,270 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £496,346 | £490,000 | 23 MARLOW DRIVE |
| 17 Feb 2023 | £584,607 | £585,000 | 34 MARLOW DRIVE |
| 10 Aug 2022 | £557,499 | £559,000 | 54 EGHAM CRESCENT |
| 6 Jun 2022 | £507,674 | £500,500 | 92 EGHAM CRESCENT |
| 29 Apr 2022 | £623,028 | £605,000 | 91 MARLOW DRIVE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 23 May 2012. Using an estimated price of £512,280 means this house is valued at £7,318 per sq meter (£679 per sq foot).
The average size of a house on MARLOW DRIVE is 83 sq meters (898 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Marlow Drive |
| Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
| Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
| Apr 2024 | Other theft | Under investigation | On or near Petrol Station |
| Apr 2024 | Other theft | Under investigation | On or near Petrol Station |