£404,002
This estimated value is based upon the latest sale price for the house of £387,000 on 1 Mar 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 |
|---|---|
| £387,000 | 1 Mar 2022 |
| Semi-Detached |
| Freehold |
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 March 2022 the House Price Index for GREATER LONDON was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £387,000 results in an estimated price of approximately £404,002.
| 1 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £387,000 | £17,002 | £404,002 |
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 | -14.081 % | £-54,494 | £332,505 |
| 3 Month Average | -15.167 % | £-58,697 | £328,302 |
| 6 Month Average | 0.238 % | £919 | £387,919 |
| 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 |
| 26 Aug 2022 | £718,359 | £715,000 | 26 ELM WAY |
| 1 Jun 2022 | £695,875 | £681,000 | 7 COLBORNE WAY |
| 1 Mar 2022 | £404,002 | £387,000 | 28 TRENT WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cheam Common Road |
| Aug 2024 | Anti-social behaviour | On or near Cheam Common Road | |
| Aug 2024 | Anti-social behaviour | On or near Cheam Common Road |