£467,496
This estimated value is based upon the latest sale price for the house of £297,000 on 4 Mar 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 |
|---|---|
| £297,000 | 4 Mar 2014 |
| £288,000 | 25 Apr 2008 |
| £202,000 | 7 Mar 2003 |
| £134,000 | 12 Oct 1999 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 814 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 March 2014 the House Price Index for GREATER LONDON was 94.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 57.406%.Applying this 57.406% change to the original purchase price of £297,000 results in an estimated price of approximately £467,496.
| 4 Mar 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 148.6 | 57.406 % | £297,000 | £170,496 | £467,496 |
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 | -16.759 % | £-49,773 | £247,226 |
| 3 Month Average | 26.822 % | £79,662 | £376,662 |
| 6 Month Average | 55.586 % | £165,089 | £462,089 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £416,161 | £410,000 | 6 MENDIP CLOSE |
| 30 Sep 2022 | £329,340 | £332,000 | 53 COTSWOLD WAY |
| 16 Sep 2022 | £444,411 | £448,000 | 9 MENDIP CLOSE |
| 17 Feb 2022 | £498,130 | £475,000 | 1 MENDIP CLOSE |
| 21 Jan 2022 | £447,273 | £425,000 | 52A COTSWOLD WAY |
This house has a floor area of 75 sq meters or 814 sq feet when measured on 21 Apr 2010. Using an estimated price of £467,497 means this house is valued at £6,177 per sq meter (£573 per sq foot).
The average size of a house on CHILTERN CLOSE is 68 sq meters (738 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wimborne Close |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Mendip 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 |