£336,848
This estimated value is based upon the latest sale price for the house of £225,000 on 1 Oct 2014. 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 |
|---|---|
| £225,000 | 1 Oct 2014 |
| £151,500 | 22 Dec 2009 |
| £147,500 | 6 Jul 2004 |
| £114,000 | 14 Jun 2002 |
| £51,500 | 16 Nov 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 490 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 2014 the House Price Index for GREATER LONDON was 99.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.711%.Applying this 49.711% change to the original purchase price of £225,000 results in an estimated price of approximately £336,848.
| 1 Oct 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 99.3 | 148.6 | 49.711 % | £225,000 | £111,848 | £336,848 |
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 | -37.165 % | £-83,622 | £141,377 |
| 3 Month Average | 6.743 % | £15,172 | £240,172 |
| 6 Month Average | 35.181 % | £79,157 | £304,157 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Nov 2023 | £424,281 | £418,000 | 28 SOUTHWOOD CLOSE |
| 10 Nov 2023 | £213,156 | £210,000 | 45 CARTERS CLOSE |
| 23 Mar 2023 | £317,996 | £315,000 | 7 CARTERS CLOSE |
| 10 Mar 2023 | £388,662 | £385,000 | 22 HANDSIDE CLOSE |
| 9 Aug 2022 | £267,281 | £268,000 | 60 SOUTHWOOD CLOSE |
This house has a floor area of 45 sq meters or 490 sq feet when measured on 17 Jun 2009. Using an estimated price of £336,849 means this house is valued at £7,399 per sq meter (£687 per sq foot).
The average size of a house on CARTERS CLOSE is 56 sq meters (608 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Southwood Close |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Creston Way |