£484,457
This estimated value is based upon the latest sale price for the house of £380,000 on 31 Jul 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
Get our free house price tracker.
581 London Road, Cheam, Sutton, SM3 9AE
Phone: 02080331593
| Price Paid | Date |
|---|---|
| £380,000 | 31 Jul 2017 |
| £91,000 | 15 Aug 1997 |
| Terraced |
| Freehold |
| Floor Area: 71 sq meters or 764 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 July 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £380,000 results in an estimated price of approximately £484,457.
| 31 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £380,000 | £104,457 | £484,457 |
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 | -42.752 % | £-162,459 | £217,540 |
| 3 Month Average | -10.887 % | £-41,369 | £338,630 |
| 6 Month Average | 11.745 % | £44,632 | £424,632 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Aug 2022 | £713,081 | £715,000 | 26 ELM WAY |
| 10 Aug 2022 | £366,513 | £367,500 | FLAT 5 KINGS COURT, 2C COLBORNE WAY |
| 1 Jun 2022 | £690,762 | £681,000 | 7 COLBORNE WAY |
| 1 Mar 2022 | £401,033 | £387,000 | 28 TRENT WAY |
| 21 Dec 2021 | £800,319 | £747,000 | 2 COLBORNE WAY |
This house has a floor area of 71 sq meters or 764 sq feet when measured on 7 Feb 2014. Using an estimated price of £484,458 means this house is valued at £6,823 per sq meter (£633 per sq foot).
The average size of a house on TRENT WAY is 76 sq meters (822 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Cheam Common Road |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Woodbine Lane |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Grandison Road |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shrubland Grove |
| Dec 2023 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Shrubland Grove |