£879,986
This estimated value is based upon the latest sale price for the house of £860,000 on 12 Oct 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Malden Road
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581 London Road, Cheam, Sutton, SM3 9AE
Phone: 02080331593
| Price Paid | Date |
|---|---|
| £860,000 | 12 Oct 2023 |
| £470,000 | 2 Dec 2009 |
| Semi-Detached |
| Freehold |
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 October 2023 the House Price Index for GREATER LONDON was 146.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.324%.Applying this 2.324% change to the original purchase price of £860,000 results in an estimated price of approximately £879,986.
| 12 Oct 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.3 | 149.7 | 2.324 % | £860,000 | £19,986 | £879,986 |
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 | -53.792 % | £-462,610 | £397,389 |
| 3 Month Average | -6.104 % | £-52,497 | £807,502 |
| 6 Month Average | -7.088 % | £-60,959 | £799,040 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Oct 2023 | £879,986 | £860,000 | 9 WICKHAM AVENUE |
| 24 Feb 2023 | £634,237 | £630,000 | 51 PRIORY ROAD |
| 16 Jan 2023 | £767,050 | £765,000 | 1 WICKHAM AVENUE |
| 30 Nov 2022 | £340,408 | £342,000 | 3 NETLEY CLOSE |
| 3 Aug 2022 | £718,359 | £715,000 | 31 WICKHAM AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Malden Road | |
| Aug 2024 | Anti-social behaviour | On or near Malden Road | |
| Aug 2024 | Anti-social behaviour | On or near Malden Road | |
| Aug 2024 | Burglary | Awaiting court outcome | On or near Malden Road |
| Jul 2024 | Anti-social behaviour | On or near Malden Road |