£562,348
This estimated value is based upon the latest sale price for the house of £453,000 on 13 Nov 2018. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Mid-Day Court, 24-28 Brighton Road, Sutton, SM2 5BN
Phone: 02036414260
Price Paid | Date |
---|---|
£453,000 | 13 Nov 2018 |
£212,000 | 10 Dec 2002 |
Terraced |
Freehold |
Floor Area: 105 sq meters or 1,130 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 £453,000 results in an estimated price of approximately £562,348.
13 Nov 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.6 | 149.7 | 24.139 % | £453,000 | £109,348 | £562,348 |
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 | 0.069 % | £312 | £453,312 |
3 Month Average | 16.096 % | £72,913 | £525,913 |
6 Month Average | 13.426 % | £60,819 | £513,819 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
5 Apr 2024 | £554,818 | £550,000 | 9 STANLEY ROAD |
27 Oct 2023 | £214,880 | £210,000 | FLAT 1 93 CAMBORNE ROAD |
22 Aug 2023 | £175,159 | £172,000 | FLAT 3 93 CAMBORNE ROAD |
26 Aug 2022 | £924,322 | £920,000 | 17 CAMBORNE ROAD |
14 Jul 2022 | £338,391 | £335,000 | FLAT 3 ESPRIT COURT, 17 STANLEY ROAD |
This house has a floor area of 105 sq meters or 1,130 sq feet when measured on 6 Jun 2018. Using an estimated price of £562,348 means this house is valued at £5,355 per sq meter (£497 per sq foot).
The average size of a house on STANLEY ROAD is 78 sq meters (846 sq feet).