£385,807
This estimated value is based upon the latest sale price for the house of £224,950 on 14 Jan 2010. 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 |
---|---|
£224,950 | 14 Jan 2010 |
£178,000 | 28 Apr 2006 |
Terraced |
Freehold |
Floor Area: 62 sq meters or 670 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 2010 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.508%.Applying this 71.508% change to the original purchase price of £224,950 results in an estimated price of approximately £385,807.
14 Jan 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.6 | 148.6 | 71.508 % | £224,950 | £160,857 | £385,807 |
The Postcode Pricing Model uses changes in average sales price within the SM4 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 | 68.573 % | £154,253 | £379,203 |
3 Month Average | 89.739 % | £201,868 | £426,818 |
6 Month Average | 107.189 % | £241,122 | £466,072 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Nov 2023 | £424,281 | £418,000 | 28 SOUTHWOOD CLOSE |
28 Apr 2023 | £368,973 | £365,000 | 93 GARTH ROAD |
28 Feb 2023 | £439,704 | £440,000 | 121 GARTH ROAD |
9 Aug 2022 | £267,281 | £268,000 | 60 SOUTHWOOD CLOSE |
13 Jun 2022 | £441,236 | £435,000 | 9 CHARMINSTER ROAD |
This house has a floor area of 62 sq meters or 670 sq feet when measured on 29 Sep 2009. Using an estimated price of £385,807 means this house is valued at £6,196 per sq meter (£575 per sq foot).
The average size of a house on GARTH ROAD is 78 sq meters (840 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Public order | Under investigation | On or near Charminster Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Garth Road |
Jan 2024 | Anti-social behaviour | On or near Garth Road | |
Jan 2024 | Anti-social behaviour | On or near Garth Road | |
Jan 2024 | Anti-social behaviour | On or near Garth Road |