£168,652
This estimated value is based upon the latest sale price for the house of £59,000 on 28 Jun 2002. 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 |
|---|---|
| £59,000 | 28 Jun 2002 |
| Terraced |
| Freehold |
| Floor Area: 84 sq meters or 904 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 June 2002 the House Price Index for GREATER LONDON was 52.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 185.852%.Applying this 185.852% change to the original purchase price of £59,000 results in an estimated price of approximately £168,652.
| 28 Jun 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 52.0 | 148.6 | 185.852 % | £59,000 | £109,652 | £168,652 |
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 | -32.134 % | £-18,959 | £40,040 |
| 3 Month Average | 190.468 % | £112,375 | £171,375 |
| 6 Month Average | 198.269 % | £116,978 | £175,978 |
| 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 84 sq meters or 904 sq feet when measured on 10 Apr 2015. Using an estimated price of £168,653 means this house is valued at £2,007 per sq meter (£186 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 |