£589,658
This estimated value is based upon the latest sale price for the house of £475,000 on 19 Nov 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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44 The Market, Rose Hill, Sutton, SM1 3HE
Phone: 02036414453
| Price Paid | Date |
|---|---|
| £475,000 | 19 Nov 2018 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 957 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 November 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.139%.Applying this 24.139% change to the original purchase price of £475,000 results in an estimated price of approximately £589,658.
| 19 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.139 % | £475,000 | £114,658 | £589,658 |
The Postcode Pricing Model uses changes in average sales price within the SM1 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 | -6.230 % | £-29,592 | £445,407 |
| 3 Month Average | 11.672 % | £55,442 | £530,442 |
| 6 Month Average | 16.819 % | £79,890 | £554,890 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Jul 2024 | £530,000 | £530,000 | 49 SURREY GROVE |
| 12 Jun 2024 | £541,320 | £541,320 | 18 SURREY GROVE |
| 10 May 2024 | £532,500 | £532,500 | 8 CONNAUGHT ROAD |
| 23 Jun 2023 | £219,397 | £215,000 | 1 ELMHURST COURT, 121 WRYTHE LANE |
| 20 Apr 2023 | £917,155 | £900,000 | 4 CONNAUGHT ROAD |
This house has a floor area of 89 sq meters or 957 sq feet when measured on 17 Aug 2018. Using an estimated price of £589,659 means this house is valued at £6,625 per sq meter (£615 per sq foot).
The average size of a house on CONNAUGHT ROAD is 87 sq meters (939 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Connaught Road |