£626,316
This estimated value is based upon the latest sale price for the house of £610,000 on 5 May 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 |
|---|---|
| £610,000 | 5 May 2022 |
| £314,950 | 17 Sep 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,046 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 May 2022 the House Price Index for GREATER LONDON was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £610,000 results in an estimated price of approximately £626,316.
| 5 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 149.7 | 2.675 % | £610,000 | £16,316 | £626,316 |
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 | -15.881 % | £-96,874 | £513,125 |
| 3 Month Average | -4.669 % | £-28,480 | £581,519 |
| 6 Month Average | -8.902 % | £-54,305 | £555,694 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £574,993 | £570,000 | 13 WELLINGTON AVENUE |
| 8 Dec 2023 | £439,505 | £426,000 | 34 HUNTINGDON GARDENS |
| 4 Dec 2023 | £379,151 | £367,500 | 15 HUNTINGDON GARDENS |
| 1 Aug 2023 | £18,331 | £18,000 | GARAGE 6 HUNTINGDON GARDENS |
| 13 Apr 2023 | £677,675 | £665,000 | 27 WELLINGTON AVENUE |
This house has a floor area of 97 sq meters or 1,046 sq feet when measured on 14 Jun 2010. Using an estimated price of £626,317 means this house is valued at £6,444 per sq meter (£598 per sq foot).
The average size of a house on WELLINGTON AVENUE is 110 sq meters (1,193 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Lingfield Road | |
| Apr 2024 | Anti-social behaviour | On or near Lingfield Road | |
| Apr 2024 | Anti-social behaviour | On or near Lingfield Road | |
| Apr 2024 | Anti-social behaviour | On or near Lingfield Road | |
| Apr 2024 | Vehicle crime | Under investigation | On or near Leicester Close |