£600,862
This estimated value is based upon the latest sale price for the house of £449,000 on 16 Sep 2016. 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 |
|---|---|
| £449,000 | 16 Sep 2016 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 September 2016 the House Price Index for GREATER LONDON was 111.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 33.822%.Applying this 33.822% change to the original purchase price of £449,000 results in an estimated price of approximately £600,862.
| 16 Sep 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 149.7 | 33.822 % | £449,000 | £151,862 | £600,862 |
The Postcode Pricing Model uses changes in average sales price within the SM3 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 | -26.880 % | £-120,692 | £328,307 |
| 3 Month Average | 12.843 % | £57,663 | £506,663 |
| 6 Month Average | 19.381 % | £87,020 | £536,020 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Sep 2023 | £501,045 | £490,000 | 23 MARLOW DRIVE |
| 17 Feb 2023 | £588,934 | £585,000 | 34 MARLOW DRIVE |
| 29 Apr 2022 | £627,640 | £605,000 | 91 MARLOW DRIVE |
| 18 Mar 2022 | £694,215 | £665,000 | 103 MARLOW DRIVE |
| 16 Mar 2022 | £349,718 | £335,000 | 22 CAMBERLEY CLOSE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 11 Feb 2016. Using an estimated price of £600,863 means this house is valued at £6,906 per sq meter (£641 per sq foot).
The average size of a house on MARLOW DRIVE is 83 sq meters (898 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Marlow Drive | |
| Oct 2024 | Anti-social behaviour | On or near Petrol Station | |
| Oct 2024 | Anti-social behaviour | On or near Petrol Station | |
| Oct 2024 | Anti-social behaviour | On or near Petrol Station | |
| Sep 2024 | Anti-social behaviour | On or near Petrol Station |