£803,963
This estimated value is based upon the latest sale price for the house of £761,000 on 28 Feb 2022. 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 |
|---|---|
| £761,000 | 28 Feb 2022 |
| £447,000 | 11 Dec 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 140 sq meters or 1,506 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 February 2022 the House Price Index for GREATER LONDON was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £761,000 results in an estimated price of approximately £803,963.
| 28 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £761,000 | £42,963 | £803,963 |
The Postcode Pricing Model uses changes in average sales price within the KT4 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 | -2.373 % | £-18,056 | £742,943 |
| 3 Month Average | -20.919 % | £-159,192 | £601,807 |
| 6 Month Average | 1.682 % | £12,800 | £773,800 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 May 2024 | £785,000 | £785,000 | 30 ELM WAY |
| 17 May 2024 | £645,000 | £645,000 | 3 ELM WAY |
| 16 Apr 2024 | £640,563 | £635,000 | 2 GRANDISON ROAD |
| 10 Nov 2023 | £251,381 | £245,000 | FLAT 24A PACKHAM COURT LAVENDER AVENUE |
| 17 Mar 2023 | £605,105 | £595,000 | 34 GRANDISON ROAD |
This house has a floor area of 140 sq meters or 1,506 sq feet when measured on 2 Jun 2015. Using an estimated price of £803,964 means this house is valued at £5,742 per sq meter (£533 per sq foot).
The average size of a house on FARM WAY is 96 sq meters (1,033 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Elm Way |
| Aug 2024 | Vehicle crime | Under investigation | On or near Elm Way |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Trent Way |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Trent Way |
| Oct 2024 | Drugs | Unable to prosecute suspect | On or near Lavender Avenue |