£226,173
This estimated value is based upon the latest sale price for the house of £182,000 on 7 Dec 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Mid-Day Court, 24-28 Brighton Road, Sutton, SM2 5BN
Phone: 02036414260
Price Paid | Date |
---|---|
£182,000 | 7 Dec 2018 |
£115,000 | 20 Dec 2010 |
£122,500 | 2 Apr 2004 |
£40,000 | 3 Mar 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 46 sq meters or 503 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 December 2018 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.271%.Applying this 24.271% change to the original purchase price of £182,000 results in an estimated price of approximately £226,173.
7 Dec 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.5 | 149.7 | 24.271 % | £182,000 | £44,173 | £226,173 |
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 | 39.898 % | £72,613 | £254,613 |
3 Month Average | 13.510 % | £24,588 | £206,588 |
6 Month Average | 17.661 % | £32,143 | £214,143 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
22 Sep 2023 | £265,861 | £260,000 | 45 TOLL BAR COURT BASINGHALL GARDENS |
24 Aug 2023 | £261,720 | £257,000 | 17 WESTMORELAND DRIVE |
11 Jan 2023 | £210,563 | £210,000 | 55 WESTMORELAND DRIVE |
29 Sep 2022 | £159,893 | £160,000 | 65 TOLL BAR COURT BASINGHALL GARDENS |
25 Jul 2022 | £303,036 | £300,000 | 70 BASINGHALL GARDENS |
This house has a floor area of 46 sq meters or 503 sq feet when measured on 19 Jan 2011. Using an estimated price of £226,173 means this house is valued at £4,832 per sq meter (£448 per sq foot).
The average size of a house on WESTMORELAND DRIVE is 46 sq meters (496 sq feet).