£1,534,572
This estimated value is based upon the latest sale price for the house of £1,150,000 on 25 Oct 2016. 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 |
|---|---|
| £1,150,000 | 25 Oct 2016 |
| £730,000 | 31 Jul 2009 |
| £575,000 | 20 Jun 2008 |
| Detached |
| Freehold |
| Floor Area: 224 sq meters or 2,411 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 October 2016 the House Price Index for GREATER LONDON was 112.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.441%.Applying this 33.441% change to the original purchase price of £1,150,000 results in an estimated price of approximately £1,534,572.
| 25 Oct 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 112.2 | 149.7 | 33.441 % | £1,150,000 | £384,572 | £1,534,572 |
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 | 54.673 % | £628,734 | £1,778,734 |
| 3 Month Average | 25.150 % | £289,222 | £1,439,222 |
| 6 Month Average | 16.307 % | £187,533 | £1,337,533 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £1,444,383 | £1,400,000 | 1 HEATH DRIVE |
| 5 Sep 2023 | £235,184 | £230,000 | FLAT 3 BUTE HOUSE, 107 BRIGHTON ROAD |
| 30 Jun 2023 | £377,566 | £370,000 | 18 FELBRIDGE CLOSE |
| 21 Apr 2023 | £336,290 | £330,000 | 9 FELBRIDGE CLOSE |
| 12 May 2022 | £764,928 | £745,000 | 9 BASSETT CLOSE |
This house has a floor area of 224 sq meters or 2,411 sq feet when measured on 24 Sep 2014. Using an estimated price of £1,534,572 means this house is valued at £6,850 per sq meter (£636 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 |
| Sep 2024 | Burglary | Under investigation | On or near Gatton Close |