£1,183,888
This estimated value is based upon the latest sale price for the house of £955,000 on 14 Aug 2019. 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 |
|---|---|
| £955,000 | 14 Aug 2019 |
| £499,999 | 7 Nov 2000 |
| Detached |
| Freehold |
| Floor Area: 174 sq meters or 1,872 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 August 2019 the House Price Index for GREATER LONDON was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £955,000 results in an estimated price of approximately £1,183,888.
| 14 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £955,000 | £228,888 | £1,183,888 |
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 | -12.081 % | £-115,375 | £839,624 |
| 3 Month Average | -1.331 % | £-12,707 | £942,292 |
| 6 Month Average | 8.143 % | £77,769 | £1,032,769 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jun 2024 | £700,000 | £700,000 | 37 BELMONT RISE |
| 28 Mar 2024 | £2,092,144 | £2,060,000 | 41 THE AVENUE |
| 30 Jun 2023 | £994,939 | £975,000 | 18 BELMONT RISE |
| 31 Mar 2023 | £2,364,487 | £2,325,000 | 44 THE AVENUE |
| 25 Feb 2022 | £1,254,015 | £1,187,000 | 67 BURDON LANE |
This house has a floor area of 174 sq meters or 1,872 sq feet when measured on 29 Mar 2019. Using an estimated price of £1,183,889 means this house is valued at £6,803 per sq meter (£632 per sq foot).
The average size of a house on BURDON LANE is 229 sq meters (2,475 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Avenue |