£406,027
This estimated value is based upon the latest sale price for the house of £235,000 on 8 Jan 2010. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
581 London Road, Cheam, Sutton, SM3 9AE
Phone: 02080331593
| Price Paid | Date |
|---|---|
| £235,000 | 8 Jan 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 894 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 January 2010 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.777%.Applying this 72.777% change to the original purchase price of £235,000 results in an estimated price of approximately £406,027.
| 8 Jan 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.777 % | £235,000 | £171,027 | £406,027 |
The Postcode Pricing Model uses changes in average sales price within the KT4 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 | 73.865 % | £173,582 | £408,582 |
| 3 Month Average | 81.139 % | £190,677 | £425,677 |
| 6 Month Average | 90.959 % | £213,753 | £448,753 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Oct 2023 | £711,152 | £695,000 | 139 CHEAM COMMON ROAD |
| 22 Jun 2023 | £535,736 | £525,000 | 11 SHRUBLAND GROVE |
| 31 Mar 2023 | £645,785 | £635,000 | 5 SHRUBLAND GROVE |
| 21 Jun 2022 | £403,628 | £395,000 | 11 WOODBINE LANE |
| 1 Mar 2022 | £404,002 | £387,000 | 28 TRENT WAY |
This house has a floor area of 83 sq meters or 894 sq feet when measured on 16 Jun 2009. Using an estimated price of £406,027 means this house is valued at £4,887 per sq meter (£454 per sq foot).
The average size of a house on CHEAM COMMON ROAD is 77 sq meters (831 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Cheam Common Road |
| Aug 2024 | Anti-social behaviour | On or near Cheam Common Road | |
| Aug 2024 | Anti-social behaviour | On or near Cheam Common Road | |
| Aug 2024 | Anti-social behaviour | On or near Cheam Common Road | |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Trent Way |