£483,537
This estimated value is based upon the latest sale price for the house of £452,500 on 21 Jun 2021. 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 |
|---|---|
| £452,500 | 21 Jun 2021 |
| 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 June 2021 the House Price Index for GREATER LONDON was 138.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.859%.Applying this 6.859% change to the original purchase price of £452,500 results in an estimated price of approximately £483,537.
| 21 Jun 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 148.0 | 6.859 % | £452,500 | £31,037 | £483,537 |
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 | 11.534 % | £52,191 | £504,691 |
| 3 Month Average | -11.084 % | £-50,156 | £402,343 |
| 6 Month Average | -5.236 % | £-23,695 | £428,804 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £490,182 | £492,500 | 58 CLARKES AVENUE |
| 31 Jan 2023 | £483,751 | £488,000 | 2 CLARKES AVENUE |
| 10 Nov 2022 | £600,266 | £610,000 | 47A CLARKES AVENUE |
| 27 May 2022 | £598,903 | £590,000 | 6 WINCHESTER MEWS |
| 14 Apr 2022 | £758,974 | £740,000 | 1 STANTON CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Langley Avenue | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Langley Avenue |
| Feb 2024 | Other theft | Under investigation | On or near Langley Avenue |
| Apr 2024 | Vehicle crime | Under investigation | On or near Dorking Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Dorking Close |