£791,553
This estimated value is based upon the latest sale price for the house of £627,000 on 29 Mar 2018. 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 |
|---|---|
| £627,000 | 29 Mar 2018 |
| Terraced |
| Freehold |
| Floor Area: 117 sq meters or 1,259 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 March 2018 the House Price Index for GREATER LONDON was 118.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 26.245%.Applying this 26.245% change to the original purchase price of £627,000 results in an estimated price of approximately £791,553.
| 29 Mar 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.6 | 149.7 | 26.245 % | £627,000 | £164,553 | £791,553 |
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 | -14.260 % | £-89,411 | £537,588 |
| 3 Month Average | 8.761 % | £54,930 | £681,930 |
| 6 Month Average | 7.389 % | £46,327 | £673,327 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £660,289 | £640,000 | 25 BEVERLEY ROAD |
| 8 Sep 2023 | £521,496 | £510,000 | 2 BRECON CLOSE |
| 30 Aug 2023 | £1,013,275 | £995,000 | 24 EBBISHAM ROAD |
| 28 Feb 2023 | £720,815 | £716,000 | 3 EBBISHAM ROAD |
| 29 Apr 2022 | £306,039 | £295,000 | FLAT 7 27 COTSWOLD WAY |
This house has a floor area of 117 sq meters or 1,259 sq feet when measured on 23 Jun 2017. Using an estimated price of £791,554 means this house is valued at £6,765 per sq meter (£628 per sq foot).
The average size of a house on EBBISHAM ROAD is 133 sq meters (1,434 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Colborne Way |
| Apr 2024 | Burglary | Under investigation | On or near Bedford Road |
| Apr 2024 | Burglary | Under investigation | On or near Mendip Close |