£651,382
This estimated value is based upon the latest sale price for the house of £517,500 on 22 Feb 2018. 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 |
|---|---|
| £517,500 | 22 Feb 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 2018 the House Price Index for GREATER LONDON was 118.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.871%.Applying this 25.871% change to the original purchase price of £517,500 results in an estimated price of approximately £651,382.
| 22 Feb 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 149.7 | 25.871 % | £517,500 | £133,882 | £651,382 |
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 | -7.619 % | £-39,428 | £478,071 |
| 3 Month Average | 18.000 % | £93,150 | £610,650 |
| 6 Month Average | 16.428 % | £85,015 | £602,515 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2024 | £645,000 | £645,000 | 17 HILL CRESCENT |
| 21 Jun 2024 | £695,000 | £695,000 | 12 BEDFORD ROAD |
| 11 Nov 2022 | £313,534 | £315,000 | FLAT 6 29 COTSWOLD WAY |
| 29 Apr 2022 | £306,039 | £295,000 | FLAT 7 27 COTSWOLD WAY |
| 1 Feb 2022 | £696,205 | £659,000 | 19 HILL CRESCENT |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 20 Oct 2017. Using an estimated price of £651,382 means this house is valued at £6,145 per sq meter (£570 per sq foot).
The average size of a house on COLBORNE WAY is 114 sq meters (1,232 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hill Crescent |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bedford Road |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Colborne Way |
| Jul 2024 | Burglary | Unable to prosecute suspect | On or near Colborne Way |
| Sep 2024 | Public order | Under investigation | On or near Quantock Drive |