£272,505
This estimated value is based upon the latest sale price for the house of £215,000 on 11 Sep 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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9 Station Parade, Brighton Road, Sutton, SM2 5AD
Phone: 02081667273
| Price Paid | Date |
|---|---|
| £215,000 | 11 Sep 2017 |
| £52,950 | 27 May 1998 |
| £44,000 | 31 May 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 49 sq meters or 527 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 September 2017 the House Price Index for GREATER LONDON was 117.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.747%.Applying this 26.747% change to the original purchase price of £215,000 results in an estimated price of approximately £272,505.
| 11 Sep 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.2 | 148.6 | 26.747 % | £215,000 | £57,505 | £272,505 |
The Postcode Pricing Model uses changes in average sales price within the SM2 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 | 8.181 % | £17,589 | £232,589 |
| 3 Month Average | 9.995 % | £21,488 | £236,488 |
| 6 Month Average | 0.074 % | £159 | £215,159 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Jul 2023 | £304,093 | £300,000 | 5 CEDAR ROAD |
| 9 Jun 2023 | £283,433 | £280,000 | FLAT 8 GRASMERE COURT, 3 CEDAR GARDENS |
| 21 Apr 2023 | £318,429 | £315,000 | 7 HEATHFIELD COURT, 4 CEDAR GARDENS |
| 22 Apr 2022 | £218,317 | £212,000 | FLAT 5 HAMILTON HOUSE, 17B CEDAR ROAD |
| 4 Mar 2022 | £274,610 | £265,000 | APARTMENT 5 GENESIS HOUSE WELLESLEY ROAD |
This house has a floor area of 49 sq meters or 527 sq feet when measured on 13 Jun 2016. Using an estimated price of £272,505 means this house is valued at £5,561 per sq meter (£516 per sq foot).
The average size of a house on CEDAR ROAD is 54 sq meters (581 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Cedar Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Cedar Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Cedar Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Anti-social behaviour | On or near Parking Area |