£902,701
This estimated value is based upon the latest sale price for the house of £530,000 on 8 Sep 2006. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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2 Villiers Court, 40 Upper Mulgrave Road, Sutton, SM2 7AJ
Phone: 02081150945
| Price Paid | Date |
|---|---|
| £530,000 | 8 Sep 2006 |
| £394,500 | 31 Aug 2000 |
| Detached |
| Freehold |
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 September 2006 the House Price Index for GREATER LONDON was 87.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.321%.Applying this 70.321% change to the original purchase price of £530,000 results in an estimated price of approximately £902,701.
| 8 Sep 2006 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.6 | 70.321 % | £530,000 | £372,701 | £902,701 |
The Postcode Pricing Model uses changes in average sales price within the SM2 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 | 10.169 % | £53,897 | £583,897 |
| 3 Month Average | 50.275 % | £266,455 | £796,455 |
| 6 Month Average | 69.051 % | £365,967 | £895,967 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £177,630 | £175,000 | 4C UPPER MULGRAVE ROAD |
| 13 Sep 2023 | £222,849 | £220,000 | FLAT 6 ROYAL CREST HOUSE, 22 - 26 UPPER MULGRAVE ROAD |
| 14 Mar 2023 | £2,966,751 | £2,938,800 | OCEANTECH HOUSE STATION APPROACH |
| 17 Feb 2023 | £219,852 | £220,000 | FLAT 10 ROYAL CREST HOUSE, 22 - 26 UPPER MULGRAVE ROAD |
| 20 Jan 2023 | £527,515 | £530,000 | FLAT 9 HORIZON COURT, 3 UPPER MULGRAVE ROAD |