£640,431
This estimated value is based upon the latest sale price for the house of £375,000 on 10 Sep 2010. 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 |
|---|---|
| £375,000 | 10 Sep 2010 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,197 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 September 2010 the House Price Index for GREATER LONDON was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.782%.Applying this 70.782% change to the original purchase price of £375,000 results in an estimated price of approximately £640,431.
| 10 Sep 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.782 % | £375,000 | £265,431 | £640,431 |
The Postcode Pricing Model uses changes in average sales price within the SM3 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 | -32.533 % | £-121,998 | £253,001 |
| 3 Month Average | 46.166 % | £173,121 | £548,121 |
| 6 Month Average | 55.516 % | £208,184 | £583,184 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £865,612 | £850,000 | 42 NEWBOLT AVENUE |
| 30 Jun 2023 | £732,173 | £717,500 | 67 NEWBOLT AVENUE |
| 28 Mar 2023 | £950,880 | £935,000 | 54 NEWBOLT AVENUE |
| 27 Jan 2023 | £1,055,821 | £1,053,000 | 60 NEWBOLT AVENUE |
| 3 Aug 2022 | £718,359 | £715,000 | 31 WICKHAM AVENUE |
This house has a floor area of 111 sq meters or 1,197 sq feet when measured on 11 Nov 2009. Using an estimated price of £640,432 means this house is valued at £5,757 per sq meter (£534 per sq foot).
The average size of a house on NEWBOLT AVENUE is 131 sq meters (1,419 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Ashmere Close |
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Ashmere Close |
| Apr 2024 | Other theft | Under investigation | On or near Kenley Walk |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Kenley Walk |