£471,718
This estimated value is based upon the latest sale price for the house of £395,000 on 27 Aug 2020. 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 |
|---|---|
| £395,000 | 27 Aug 2020 |
| £209,000 | 16 Sep 2005 |
| £169,450 | 2 Aug 2002 |
| Terraced |
| Freehold |
| Floor Area: 70 sq meters or 753 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 2020 the House Price Index for GREATER LONDON was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £395,000 results in an estimated price of approximately £471,718.
| 27 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 148.0 | 19.422 % | £395,000 | £76,718 | £471,718 |
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 | -11.491 % | £-45,388 | £349,611 |
| 3 Month Average | -13.130 % | £-51,863 | £343,136 |
| 6 Month Average | 1.353 % | £5,344 | £400,344 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £770,728 | £765,000 | 5 LANGLEY AVENUE |
| 24 Feb 2023 | £370,746 | £372,500 | 2 CHURCHLANDS WAY |
| 17 Feb 2023 | £490,182 | £492,500 | 58 CLARKES AVENUE |
| 10 Nov 2022 | £600,266 | £610,000 | 47A CLARKES AVENUE |
| 5 Jul 2022 | £627,153 | £628,000 | 10 CHURCHLANDS WAY |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 16 May 2020. Using an estimated price of £471,719 means this house is valued at £6,738 per sq meter (£626 per sq foot).
The average size of a house on DORKING CLOSE is 91 sq meters (989 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Dorking Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dorking Close |
| Mar 2024 | Anti-social behaviour | On or near Langley Avenue | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Langley Avenue |
| Feb 2024 | Other theft | Under investigation | On or near Langley Avenue |