£283,877
This estimated value is based upon the latest sale price for the house of £230,000 on 23 Jul 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Mid-Day Court, 24-28 Brighton Road, Sutton, SM2 5BN
Phone: 02036414260
| Price Paid | Date |
|---|---|
| £230,000 | 23 Jul 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 2018 the House Price Index for GREATER LONDON was 119.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.425%.Applying this 23.425% change to the original purchase price of £230,000 results in an estimated price of approximately £283,877.
| 23 Jul 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 148.0 | 23.425 % | £230,000 | £53,877 | £283,877 |
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 | -12.792 % | £-29,421 | £200,578 |
| 3 Month Average | -5.237 % | £-12,045 | £217,954 |
| 6 Month Average | -6.386 % | £-14,688 | £215,311 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Aug 2023 | £258,572 | £257,000 | 17 WESTMORELAND DRIVE |
| 11 Jan 2023 | £208,171 | £210,000 | 55 WESTMORELAND DRIVE |
| 19 Apr 2022 | £246,154 | £240,000 | 28 WESTMORELAND DRIVE |
| 14 Apr 2022 | £305,128 | £297,500 | 8 BASINGHALL GARDENS |
| 11 Mar 2022 | £157,392 | £152,500 | FLAT 8 107 BRIGHTON ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 30 Jul 2012. Using an estimated price of £283,878 means this house is valued at £5,356 per sq meter (£497 per sq foot).
The average size of a house on WESTMORELAND DRIVE is 46 sq meters (496 sq feet).