£410,209
This estimated value is based upon the latest sale price for the house of £122,000 on 16 Jul 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 |
|---|---|
| £122,000 | 16 Jul 2001 |
| £63,000 | 21 Jul 1995 |
| Flats/Maisonettes |
| Leasehold |
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 2001 the House Price Index for GREATER LONDON was 44.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 236.237%.Applying this 236.237% change to the original purchase price of £122,000 results in an estimated price of approximately £410,209.
| 16 Jul 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.2 | 148.6 | 236.237 % | £122,000 | £288,209 | £410,209 |
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 | 70.384 % | £85,868 | £207,868 |
| 3 Month Average | 161.337 % | £196,830 | £318,830 |
| 6 Month Average | 221.537 % | £270,274 | £392,274 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £103,909 | £103,000 | FLAT 32 BROOK COURT, 78 WORDSWORTH DRIVE |
| 19 Jul 2023 | £578,790 | £571,000 | 431 LONDON ROAD |
| 31 Mar 2023 | £171,617 | £170,000 | 5 SIDMOUTH COURT WORDSWORTH DRIVE |
| 21 Oct 2022 | £342,314 | £346,000 | 5 LEICESTER CLOSE |
| 30 Sep 2022 | £626,937 | £632,000 | 10 WILLOWHAYNE GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Anti-social behaviour | On or near Leicester Close | |
| Dec 2023 | Anti-social behaviour | On or near Leicester Close | |
| Dec 2023 | Anti-social behaviour | On or near Leicester Close | |
| Dec 2023 | Anti-social behaviour | On or near Leicester Close | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Willowhayne Gardens |