£991,684
This estimated value is based upon the latest sale price for the house of £660,000 on 15 Dec 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Villiers Court, 40 Upper Mulgrave Road, Sutton, SM2 7AJ
Phone: 02081150945
Price Paid | Date |
---|---|
£660,000 | 15 Dec 2014 |
£450,000 | 27 Jul 2012 |
Detached |
Freehold |
Floor Area: 157 sq meters or 1,695 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 2014 the House Price Index for GREATER LONDON was 99.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 50.255%.Applying this 50.255% change to the original purchase price of £660,000 results in an estimated price of approximately £991,684.
15 Dec 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 149.7 | 50.255 % | £660,000 | £331,684 | £991,684 |
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 | 77.818 % | £513,598 | £1,173,598 |
3 Month Average | 44.085 % | £290,960 | £950,960 |
6 Month Average | 39.251 % | £259,058 | £919,058 |
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 1,695 sq feet when measured on 8 Nov 2011. Using an estimated price of £991,685 means this house is valued at £6,296 per sq meter (£584 per sq foot).
The average size of a house on BELMONT RISE is 160 sq meters (1,726 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Belmont Rise |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Burdon Lane |
Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Burdon Lane |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Burdon Lane |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Burdon Lane |