£652,908
This estimated value is based upon the latest sale price for the house of £375,000 on 15 Dec 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There have been two burglaries within the last year on or near Fairlight Close
More crime details
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581 London Road, Cheam, Sutton, SM3 9AE
Phone: 02080331593
Price Paid | Date |
---|---|
£375,000 | 15 Dec 2009 |
Detached |
Freehold |
Floor Area: 142 sq meters or 1,532 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 2009 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.109%.Applying this 74.109% change to the original purchase price of £375,000 results in an estimated price of approximately £652,908.
15 Dec 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.109 % | £375,000 | £277,908 | £652,908 |
The Postcode Pricing Model uses changes in average sales price within the KT4 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 | 88.650 % | £332,438 | £707,438 |
3 Month Average | 78.364 % | £293,865 | £668,865 |
6 Month Average | 93.782 % | £351,683 | £726,683 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 Apr 2024 | £574,993 | £570,000 | 13 WELLINGTON AVENUE |
4 Dec 2023 | £379,151 | £367,500 | 15 HUNTINGDON GARDENS |
1 Aug 2023 | £18,331 | £18,000 | GARAGE 6 HUNTINGDON GARDENS |
13 Apr 2023 | £677,675 | £665,000 | 27 WELLINGTON AVENUE |
20 Feb 2023 | £981,557 | £975,000 | 22 KINGSMEAD AVENUE |
This house has a floor area of 142 sq meters or 1,532 sq feet when measured on 4 Sep 2009. Using an estimated price of £652,909 means this house is valued at £4,584 per sq meter (£425 per sq foot).
The average size of a house on KINGSMEAD AVENUE is 170 sq meters (1,833 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Burglary | Under investigation | On or near Fairlight Close |
Oct 2024 | Burglary | Under investigation | On or near Fairlight Close |
Aug 2024 | Anti-social behaviour | On or near Fairlight Close | |
Aug 2024 | Anti-social behaviour | On or near Fairlight Close | |
Aug 2024 | Anti-social behaviour | On or near Fairlight Close |