£1,974,913
This estimated value is based upon the latest sale price for the house of £1,350,000 on 22 Jun 2015. 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 |
|---|---|
| £1,350,000 | 22 Jun 2015 |
| Detached |
| Freehold |
| Floor Area: 346 sq meters or 3,725 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 June 2015 the House Price Index for GREATER LONDON was 102.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 46.290%.Applying this 46.290% change to the original purchase price of £1,350,000 results in an estimated price of approximately £1,974,913.
| 22 Jun 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 102.3 | 149.7 | 46.290 % | £1,350,000 | £624,913 | £1,974,913 |
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 | 38.557 % | £520,517 | £1,870,517 |
| 3 Month Average | 31.967 % | £431,554 | £1,781,554 |
| 6 Month Average | 38.913 % | £525,323 | £1,875,323 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £1,444,383 | £1,400,000 | 1 HEATH DRIVE |
| 12 Oct 2023 | £1,739,508 | £1,700,000 | 39 THE HIGHWAY |
| 30 Jun 2023 | £377,566 | £370,000 | 18 FELBRIDGE CLOSE |
| 21 Apr 2023 | £336,290 | £330,000 | 9 FELBRIDGE CLOSE |
| 6 Sep 2022 | £1,928,712 | £1,930,000 | 9 THE CAUSEWAY |
This house has a floor area of 346 sq meters or 3,725 sq feet when measured on 22 Apr 2011. Using an estimated price of £1,974,913 means this house is valued at £5,705 per sq meter (£530 per sq foot).
The average size of a house on HEATH DRIVE is 291 sq meters (3,134 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Basildon Close |
| Oct 2024 | Other crime | Under investigation | On or near Felbridge Close |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Gatton Close |
| Oct 2024 | Burglary | Investigation complete; no suspect identified | On or near Gatton Close |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near The Highway |