£367,501
This estimated value is based upon the latest sale price for the house of £214,950 on 30 Aug 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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581 London Road, Cheam, Sutton, SM3 9AE
Phone: 02080331593
| Price Paid | Date |
|---|---|
| £214,950 | 30 Aug 2006 |
| £93,000 | 30 Jul 1999 |
| £64,000 | 7 Apr 1995 |
| Terraced |
| Freehold |
| Floor Area: 83 sq meters or 901 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 2006 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 70.970%.Applying this 70.970% change to the original purchase price of £214,950 results in an estimated price of approximately £367,501.
| 30 Aug 2006 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.0 | 70.970 % | £214,950 | £152,551 | £367,501 |
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 | 106.610 % | £229,158 | £444,108 |
| 3 Month Average | 62.643 % | £134,652 | £349,602 |
| 6 Month Average | 80.119 % | £172,216 | £387,166 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Apr 2024 | £570,000 | £570,000 | 13 WELLINGTON AVENUE |
| 4 Dec 2023 | £374,587 | £367,500 | 15 HUNTINGDON GARDENS |
| 1 Aug 2023 | £18,110 | £18,000 | GARAGE 6 HUNTINGDON GARDENS |
| 13 Apr 2023 | £669,980 | £665,000 | 27 WELLINGTON AVENUE |
| 10 Feb 2023 | £464,802 | £467,000 | 81 CHEAM COMMON ROAD |
This house has a floor area of 83 sq meters or 901 sq feet when measured on 27 Sep 2011. Using an estimated price of £367,501 means this house is valued at £4,388 per sq meter (£407 per sq foot).
The average size of a house on CHEAM COMMON ROAD is 77 sq meters (831 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Lingfield Road | |
| Apr 2024 | Public order | Under investigation | On or near Huntingdon Gardens |
| Mar 2024 | Drugs | Under investigation | On or near Elm Way |