£399,186
This estimated value is based upon the latest sale price for the house of £215,000 on 30 Mar 2009. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Somerset Close
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581 London Road, Cheam, Sutton, SM3 9AE
Phone: 02080331593
| Price Paid | Date |
|---|---|
| £215,000 | 30 Mar 2009 |
| £145,000 | 19 Dec 2001 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 2009 the House Price Index for GREATER LONDON was 80.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 85.668%.Applying this 85.668% change to the original purchase price of £215,000 results in an estimated price of approximately £399,186.
| 30 Mar 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.0 | 148.6 | 85.668 % | £215,000 | £184,186 | £399,186 |
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 | 23.177 % | £49,829 | £264,829 |
| 3 Month Average | 75.597 % | £162,534 | £377,534 |
| 6 Month Average | 103.566 % | £222,667 | £437,667 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £529,260 | £520,000 | 24 CHEAM COMMON ROAD |
| 10 Nov 2023 | £248,682 | £245,000 | FLAT 24A PACKHAM COURT LAVENDER AVENUE |
| 1 Sep 2023 | £526,735 | £520,000 | 36 CHEAM COMMON ROAD |
| 31 Mar 2023 | £211,997 | £210,000 | 509 LONDON ROAD |
| 14 Mar 2023 | £357,367 | £354,000 | 22 CHEAM COMMON ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 11 Mar 2020. Using an estimated price of £399,187 means this house is valued at £4,696 per sq meter (£436 per sq foot).
The average size of a house on CHEAM COMMON ROAD is 77 sq meters (831 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Somerset Close |
| Jan 2024 | Burglary | Under investigation | On or near Somerset Close |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Somerset Close |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Somerset Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Willowhayne Gardens |