£375,510
This estimated value is based upon the latest sale price for the house of £220,000 on 14 Jul 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 |
|---|---|
| £220,000 | 14 Jul 2006 |
| £180,000 | 14 Nov 2003 |
| £145,000 | 4 May 2001 |
| Terraced |
| Freehold |
| Floor Area: 65 sq meters or 699 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 2006 the House Price Index for GREATER LONDON was 85.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.686%.Applying this 70.686% change to the original purchase price of £220,000 results in an estimated price of approximately £375,510.
| 14 Jul 2006 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 146.7 | 70.686 % | £220,000 | £155,510 | £375,510 |
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 | 7.593 % | £16,705 | £236,705 |
| 3 Month Average | 54.101 % | £119,022 | £339,022 |
| 6 Month Average | 91.252 % | £200,753 | £420,753 |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 12 Apr 2019.
The average size of a house on MENDIP CLOSE is 77 sq meters (833 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Mendip Close |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wimborne Close |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Hambleton Close |
| Jan 2024 | Anti-social behaviour | On or near Quantock Drive | |
| Jan 2024 | Anti-social behaviour | On or near Quantock Drive |