£319,773
This estimated value is based upon the latest sale price for the house of £235,000 on 31 Mar 2016. 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 |
|---|---|
| £235,000 | 31 Mar 2016 |
| £142,000 | 29 Apr 2005 |
| £93,000 | 31 May 2001 |
| £62,000 | 30 Jun 1999 |
| Flats/Maisonettes |
| Leasehold |
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 March 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £235,000 results in an estimated price of approximately £319,773.
| 31 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £235,000 | £84,773 | £319,773 |
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 | 13.282 % | £31,213 | £266,213 |
| 3 Month Average | 8.085 % | £18,999 | £253,999 |
| 6 Month Average | 24.706 % | £58,060 | £293,060 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £675,765 | £655,000 | 46 LAVENDER AVENUE |
| 10 Nov 2023 | £251,381 | £245,000 | FLAT 24A PACKHAM COURT LAVENDER AVENUE |
| 10 Feb 2023 | £470,141 | £467,000 | 81 CHEAM COMMON ROAD |
| 22 Nov 2022 | £236,892 | £238,000 | FLAT 12B PACKHAM COURT FARM WAY |
| 28 Feb 2022 | £803,964 | £761,000 | 21 FARM WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Unable to prosecute suspect | On or near Lavender Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lavender Avenue |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Elm Way |
| Aug 2024 | Vehicle crime | Under investigation | On or near Elm Way |
| Jul 2024 | Anti-social behaviour | On or near Lingfield Road |