£854,266
This estimated value is based upon the latest sale price for the house of £840,000 on 27 Mar 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Sutton, SM2 5QT
Phone: 02034630324
| Price Paid | Date |
|---|---|
| £840,000 | 27 Mar 2023 |
| £325,000 | 2 Nov 2001 |
| £199,800 | 5 Mar 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 121 sq meters or 1,302 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 2023 the House Price Index for GREATER LONDON was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £840,000 results in an estimated price of approximately £854,266.
| 27 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £840,000 | £14,266 | £854,266 |
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 | 10.491 % | £88,120 | £928,120 |
| 3 Month Average | 9.550 % | £80,223 | £920,223 |
| 6 Month Average | 8.722 % | £73,261 | £913,261 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £876,947 | £850,000 | 8 FAIRWAY |
| 6 Oct 2023 | £931,148 | £910,000 | 173 BANSTEAD ROAD SOUTH |
| 21 Aug 2023 | £738,316 | £725,000 | 170 BANSTEAD ROAD SOUTH |
| 16 Jun 2023 | £943,916 | £925,000 | 54 FAIRWAY |
| 27 Mar 2023 | £854,266 | £840,000 | 157 BANSTEAD ROAD SOUTH |
This house has a floor area of 121 sq meters or 1,302 sq feet when measured on 3 May 2017. Using an estimated price of £854,266 means this house is valued at £7,060 per sq meter (£655 per sq foot).
The average size of a house on BANSTEAD ROAD SOUTH is 151 sq meters (1,635 sq feet).