£535,039
This estimated value is based upon the latest sale price for the house of £327,000 on 4 Oct 2013. 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 |
---|---|
£327,000 | 4 Oct 2013 |
£117,950 | 7 Nov 1997 |
Semi-Detached |
Freehold |
Floor Area: 85 sq meters or 914 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 October 2013 the House Price Index for GREATER LONDON was 90.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 63.621%.Applying this 63.621% change to the original purchase price of £327,000 results in an estimated price of approximately £535,039.
4 Oct 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
90.8 | 148.6 | 63.621 % | £327,000 | £208,039 | £535,039 |
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 | -57.364 % | £-187,578 | £139,421 |
3 Month Average | 71.169 % | £232,722 | £559,722 |
6 Month Average | 72.143 % | £235,908 | £562,908 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Aug 2023 | £517,528 | £513,000 | 25 ESHER AVENUE |
15 Jul 2022 | £538,951 | £537,500 | 16 SUNBURY ROAD |
27 Apr 2022 | £514,900 | £500,000 | 114 MARLOW DRIVE |
16 Mar 2022 | £347,148 | £335,000 | 22 CAMBERLEY CLOSE |
8 Nov 2021 | £627,278 | £580,000 | 1 THE MEADS |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 17 Jun 2013. Using an estimated price of £535,039 means this house is valued at £6,294 per sq meter (£584 per sq foot).
The average size of a house on MARLOW DRIVE is 83 sq meters (898 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Robbery | Investigation complete; no suspect identified | On or near Camberley Close |
Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Marlow Drive |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Wrayfield Road |
Dec 2023 | Drugs | Under investigation | On or near Wrayfield Road |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Wrayfield Road |