£557,421
This estimated value is based upon the latest sale price for the house of £430,000 on 25 May 2017. 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 |
|---|---|
| £430,000 | 25 May 2017 |
| £250,000 | 16 Jun 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 May 2017 the House Price Index for GREATER LONDON was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £430,000 results in an estimated price of approximately £557,421.
| 25 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £430,000 | £127,421 | £557,421 |
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 | -1.013 % | £-4,354 | £425,645 |
| 3 Month Average | 4.748 % | £20,414 | £450,414 |
| 6 Month Average | 21.014 % | £90,359 | £520,359 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Mar 2024 | £538,270 | £530,000 | 32 CHARMINSTER ROAD |
| 15 Nov 2023 | £428,887 | £418,000 | 28 SOUTHWOOD CLOSE |
| 10 Nov 2023 | £419,652 | £409,000 | 23 SOUTHWOOD CLOSE |
| 25 Oct 2023 | £521,852 | £510,000 | 33 SOUTHWOOD CLOSE |
| 5 Jun 2023 | £647,986 | £635,000 | 1 INVERNESS ROAD |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 24 May 2019. Using an estimated price of £557,421 means this house is valued at £6,797 per sq meter (£631 per sq foot).
The average size of a house on INVERNESS ROAD is 106 sq meters (1,142 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Inverness Road |
| Jul 2024 | Anti-social behaviour | On or near Rose End | |
| Jul 2024 | Anti-social behaviour | On or near Rose End | |
| Jul 2024 | Anti-social behaviour | On or near Rose End | |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Inverness Road |