£355,265
This estimated value is based upon the latest sale price for the house of £245,000 on 27 Jul 2015. 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 |
|---|---|
| £245,000 | 27 Jul 2015 |
| £192,500 | 24 May 2013 |
| £164,000 | 12 Dec 2006 |
| £155,000 | 20 Jun 2006 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 75 sq meters or 807 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 2015 the House Price Index for GREATER LONDON was 103.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 45.006%.Applying this 45.006% change to the original purchase price of £245,000 results in an estimated price of approximately £355,265.
| 27 Jul 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 103.2 | 149.7 | 45.006 % | £245,000 | £110,265 | £355,265 |
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 | -41.380 % | £-101,380 | £143,619 |
| 3 Month Average | 9.796 % | £23,999 | £268,999 |
| 6 Month Average | 22.406 % | £54,894 | £299,894 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £128,982 | £127,000 | 694A LONDON ROAD |
| 11 Oct 2023 | £300,833 | £294,000 | 712A LONDON ROAD |
| 11 Aug 2023 | £356,429 | £350,000 | 35 BEECHMORE GARDENS |
| 13 Apr 2023 | £356,671 | £350,000 | 754 LONDON ROAD |
| 10 Mar 2023 | £650,870 | £640,000 | 724 LONDON ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 24 Aug 2012. Using an estimated price of £355,265 means this house is valued at £4,736 per sq meter (£440 per sq foot).
The average size of a house on STAINES AVENUE is 83 sq meters (903 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Beechmore Gardens |
| Apr 2024 | Anti-social behaviour | On or near Beechmore Gardens | |
| Apr 2024 | Anti-social behaviour | On or near Beechmore Gardens | |
| Apr 2024 | Anti-social behaviour | On or near Beechmore Gardens | |
| Apr 2024 | Anti-social behaviour | On or near Beechmore Gardens |