£477,425
This estimated value is based upon the latest sale price for the house of £139,700 on 30 Apr 2001. 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 |
---|---|
£139,700 | 30 Apr 2001 |
Terraced |
Freehold |
Floor Area: 70 sq meters or 753 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 April 2001 the House Price Index for GREATER LONDON was 42.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 241.750%.Applying this 241.750% change to the original purchase price of £139,700 results in an estimated price of approximately £477,425.
30 Apr 2001 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.9 | 146.7 | 241.750 % | £139,700 | £337,725 | £477,425 |
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 | 87.344 % | £122,019 | £261,719 |
3 Month Average | 172.687 % | £241,243 | £380,943 |
6 Month Average | 235.660 % | £329,217 | £468,917 |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 18 Jan 2013.
The average size of a house on SOUTHWOOD CLOSE is 65 sq meters (710 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Southwood Close |
Jan 2024 | Other theft | Under investigation | On or near Rose End |
Jan 2024 | Public order | Under investigation | On or near Charminster Road |