£361,181
This estimated value is based upon the latest sale price for the house of £69,940 on 11 Apr 1997. 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 |
|---|---|
| £69,940 | 11 Apr 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 750 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 April 1997 the House Price Index for GREATER LONDON was 28.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 416.416%.Applying this 416.416% change to the original purchase price of £69,940 results in an estimated price of approximately £361,181.
| 11 Apr 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 28.4 | 146.7 | 416.416 % | £69,940 | £291,241 | £361,181 |
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 | 202.076 % | £141,331 | £211,271 |
| 3 Month Average | 335.425 % | £234,596 | £304,536 |
| 6 Month Average | 421.513 % | £294,806 | £364,746 |
This house has a floor area of 69 sq meters or 750 sq feet when measured on 14 Jun 2010.
The average size of a house on INVERNESS ROAD is 106 sq meters (1,142 sq feet).
This house is the smallest in the street with a floor area of 69 sq meters (750 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Rose End |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Southwood Close |
| Jan 2024 | Public order | Under investigation | On or near Charminster Road |