£629,695
This estimated value is based upon the latest sale price for the house of £628,000 on 5 Jul 2022. 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 |
|---|---|
| £628,000 | 5 Jul 2022 |
| £349,950 | 17 Jul 2007 |
| Terraced |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 July 2022 the House Price Index for GREATER LONDON was 148.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 0.270%.Applying this 0.270% change to the original purchase price of £628,000 results in an estimated price of approximately £629,695.
| 5 Jul 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 148.6 | 0.270 % | £628,000 | £1,695 | £629,695 |
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 | -65.584 % | £-411,867 | £216,132 |
| 3 Month Average | -22.274 % | £-139,879 | £488,120 |
| 6 Month Average | -6.081 % | £-38,189 | £589,810 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £773,327 | £765,000 | 5 LANGLEY AVENUE |
| 24 Feb 2023 | £372,250 | £372,500 | 2 CHURCHLANDS WAY |
| 5 Jul 2022 | £629,695 | £628,000 | 10 CHURCHLANDS WAY |
| 24 Jun 2022 | £618,744 | £610,000 | 23 LANGLEY AVENUE |
| 30 Sep 2021 | £457,977 | £425,000 | 2 DORKING CLOSE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 5 May 2017. Using an estimated price of £629,695 means this house is valued at £5,291 per sq meter (£491 per sq foot).
The average size of a house on CHURCHLANDS WAY is 111 sq meters (1,202 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Churchlands Way |
| Jan 2024 | Robbery | Investigation complete; no suspect identified | On or near Churchlands Way |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Churchlands Way |