£364,178
This estimated value is based upon the latest sale price for the house of £220,000 on 20 Dec 2006. 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 |
|---|---|
| £220,000 | 20 Dec 2006 |
| £205,000 | 1 Oct 2004 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 77 sq meters or 836 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 December 2006 the House Price Index for GREATER LONDON was 89.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 65.536%.Applying this 65.536% change to the original purchase price of £220,000 results in an estimated price of approximately £364,178.
| 20 Dec 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.8 | 148.6 | 65.536 % | £220,000 | £144,178 | £364,178 |
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 | -48.510 % | £-106,722 | £113,277 |
| 3 Month Average | 110.351 % | £242,772 | £462,772 |
| 6 Month Average | 107.445 % | £236,379 | £456,379 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jun 2023 | £303,678 | £300,000 | FLAT 3 WILDOAKS HOUSE, 418 LONDON ROAD |
| 31 Mar 2023 | £171,617 | £170,000 | 5 SIDMOUTH COURT WORDSWORTH DRIVE |
| 20 Feb 2023 | £974,344 | £975,000 | 22 KINGSMEAD AVENUE |
| 17 Nov 2022 | £187,726 | £190,000 | 3 SIDMOUTH COURT WORDSWORTH DRIVE |
| 21 Oct 2022 | £342,314 | £346,000 | 5 LEICESTER CLOSE |
This house has a floor area of 77 sq meters or 836 sq feet when measured on 5 Nov 2008. Using an estimated price of £364,178 means this house is valued at £4,685 per sq meter (£435 per sq foot).
The average size of a house on LONDON ROAD is 63 sq meters (683 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Fairlight Close |
| Mar 2024 | Vehicle crime | Under investigation | On or near Fairlight Close |
| Jan 2024 | Drugs | Under investigation | On or near Fairlight Close |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Fairlight Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Fairlight Close |