£478,405
This estimated value is based upon the latest sale price for the house of £260,000 on 4 Jun 2009. 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 |
|---|---|
| £260,000 | 4 Jun 2009 |
| £244,000 | 20 Nov 2003 |
| Terraced |
| Freehold |
| Floor Area: 107 sq meters or 1,159 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 June 2009 the House Price Index for GREATER LONDON was 80.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.002%.Applying this 84.002% change to the original purchase price of £260,000 results in an estimated price of approximately £478,405.
| 4 Jun 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.8 | 148.6 | 84.002 % | £260,000 | £218,405 | £478,405 |
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 | -45.495 % | £-118,286 | £141,713 |
| 3 Month Average | 125.887 % | £327,307 | £587,307 |
| 6 Month Average | 117.365 % | £305,148 | £565,148 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £861,575 | £846,500 | 2 PRIORY AVENUE |
| 28 Apr 2023 | £909,796 | £900,000 | 22 PRIORY AVENUE |
| 31 Mar 2023 | £699,086 | £692,500 | 46 PRIORY AVENUE |
| 30 Nov 2022 | £666,428 | £674,500 | 48 PRIORY AVENUE |
| 11 Apr 2022 | £650,833 | £632,000 | 14 PRIORY CRESCENT |
This house has a floor area of 107 sq meters or 1,159 sq feet when measured on 16 Feb 2009. Using an estimated price of £478,405 means this house is valued at £4,442 per sq meter (£412 per sq foot).
The average size of a house on PRIORY AVENUE is 121 sq meters (1,304 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Priory Crescent |
| Jan 2024 | Bicycle theft | Under investigation | On or near Priory Crescent |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Priory Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Church Hill Road |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Church Hill Road |