£572,704
This estimated value is based upon the latest sale price for the house of £295,000 on 23 Jul 2004. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Sutton,, SM2 6EZ
Phone: 02036411582
| Price Paid | Date |
|---|---|
| £295,000 | 23 Jul 2004 |
| Detached |
| Freehold |
| Floor Area: 89 sq meters or 957 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 2004 the House Price Index for GREATER LONDON was 76.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 94.137%.Applying this 94.137% change to the original purchase price of £295,000 results in an estimated price of approximately £572,704.
| 23 Jul 2004 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 76.2 | 148.0 | 94.137 % | £295,000 | £277,704 | £572,704 |
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 | 73.944 % | £218,135 | £513,135 |
| 3 Month Average | 131.390 % | £387,601 | £682,601 |
| 6 Month Average | 122.002 % | £359,905 | £654,905 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £637,052 | £625,000 | 11 PENSHURST WAY |
| 21 Jul 2023 | £782,401 | £775,000 | 18 PENSHURST WAY |
| 23 Jun 2023 | £453,678 | £450,000 | 9 SACKVILLE ROAD |
| 17 Feb 2023 | £656,893 | £660,000 | 26 PENSHURST WAY |
| 1 Jul 2022 | £364,507 | £365,000 | FLAT 5 TEGAN COURT TEGAN CLOSE |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 1 Jun 2013. Using an estimated price of £572,705 means this house is valued at £6,434 per sq meter (£597 per sq foot).
The average size of a house on PENSHURST WAY is 110 sq meters (1,184 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Under investigation | On or near Tegan Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Tegan Close |
| Jan 2024 | Vehicle crime | Under investigation | On or near Tegan Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Holland Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Holland Avenue |