£407,097
This estimated value is based upon the latest sale price for the house of £228,500 on 7 Aug 2009. 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 |
|---|---|
| £228,500 | 7 Aug 2009 |
| £86,000 | 28 Nov 1996 |
| £84,000 | 31 Oct 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 77 sq meters or 829 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 August 2009 the House Price Index for GREATER LONDON was 82.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 78.161%.Applying this 78.161% change to the original purchase price of £228,500 results in an estimated price of approximately £407,097.
| 7 Aug 2009 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.3 | 146.7 | 78.161 % | £228,500 | £178,597 | £407,097 |
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 | -48.634 % | £-111,129 | £117,370 |
| 3 Month Average | 107.623 % | £245,917 | £474,417 |
| 6 Month Average | 111.992 % | £255,901 | £484,401 |
This house has a floor area of 77 sq meters or 829 sq feet when measured on 12 Nov 2008.
The average size of a house on MARLOW DRIVE is 83 sq meters (898 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Camberley Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Marlow Drive |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Wrayfield Road |
| Dec 2023 | Drugs | Under investigation | On or near Wrayfield Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Wrayfield Road |