£1,240,863
This estimated value is based upon the latest sale price for the house of £498,000 on 17 Jan 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Cornwall Road
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Sutton,, SM2 6EZ
Phone: 02036411582
Price Paid | Date |
---|---|
£498,000 | 17 Jan 2003 |
Terraced |
Freehold |
Floor Area: 157 sq meters or 1,689 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 January 2003 the House Price Index for GREATER LONDON was 60.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 149.169%.Applying this 149.169% change to the original purchase price of £498,000 results in an estimated price of approximately £1,240,863.
17 Jan 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
60.1 | 149.7 | 149.169 % | £498,000 | £742,863 | £1,240,863 |
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 | 174.808 % | £870,544 | £1,368,544 |
3 Month Average | 137.896 % | £686,722 | £1,184,722 |
6 Month Average | 145.659 % | £725,381 | £1,223,381 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Jun 2024 | £1,100,000 | £1,100,000 | 57 CORNWALL ROAD |
6 Jun 2024 | £700,000 | £700,000 | 37 BELMONT RISE |
24 Apr 2024 | £998,672 | £990,000 | 35 CORNWALL ROAD |
8 Mar 2024 | £863,263 | £850,000 | 42 CORNWALL ROAD |
30 Jun 2023 | £994,939 | £975,000 | 18 BELMONT RISE |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 19 Mar 2019. Using an estimated price of £1,240,863 means this house is valued at £7,903 per sq meter (£734 per sq foot).
The average size of a house on CORNWALL ROAD is 194 sq meters (2,098 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Violence and sexual offences | Under investigation | On or near Cornwall Road |
Sep 2024 | Burglary | Under investigation | On or near Cornwall Road |
Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cornwall Road |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cornwall Road |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cornwall Road |