£936,555
This estimated value is based upon the latest sale price for the house of £760,000 on 12 Oct 2018. 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 |
|---|---|
| £760,000 | 12 Oct 2018 |
| £450,000 | 11 Jun 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 199 sq meters or 2,142 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 2018 the House Price Index for GREATER LONDON was 120.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.231%.Applying this 23.231% change to the original purchase price of £760,000 results in an estimated price of approximately £936,555.
| 12 Oct 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 148.6 | 23.231 % | £760,000 | £176,555 | £936,555 |
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 | -70.687 % | £-537,218 | £222,781 |
| 3 Month Average | 19.559 % | £148,651 | £908,651 |
| 6 Month Average | 22.298 % | £169,466 | £929,466 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £700,369 | £690,000 | 5 HEMINGFORD ROAD |
| 15 Aug 2023 | £428,751 | £425,000 | FLAT 3 MOUNTFORD HOUSE, 83 WORDSWORTH DRIVE |
| 6 Jul 2023 | £871,733 | £860,000 | 29 HEMINGFORD ROAD |
| 28 Nov 2022 | £356,680 | £361,000 | FLAT 58 YARDLEY COURT HEMINGFORD ROAD |
| 27 Sep 2022 | £317,437 | £320,000 | FLAT 2 YARDLEY COURT HEMINGFORD ROAD |
This house has a floor area of 199 sq meters or 2,142 sq feet when measured on 2 Feb 2018. Using an estimated price of £936,555 means this house is valued at £4,706 per sq meter (£437 per sq foot).
The average size of a house on HEMINGFORD ROAD is 82 sq meters (889 sq feet).
This house is the largest in the street with a floor area of 199 sq meters (2,142 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Hemingford Road | |
| Jan 2024 | Anti-social behaviour | On or near Hemingford Road | |
| Jan 2024 | Anti-social behaviour | On or near Hemingford Road | |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Hemingford Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hemingford Road |