£269,538
This estimated value is based upon the latest sale price for the house of £159,000 on 4 Jan 2013. 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 |
---|---|
£159,000 | 4 Jan 2013 |
£137,000 | 13 Feb 2004 |
£67,500 | 9 Jul 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 40 sq meters or 430 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 January 2013 the House Price Index for GREATER LONDON was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.521%.Applying this 69.521% change to the original purchase price of £159,000 results in an estimated price of approximately £269,538.
4 Jan 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.6 | 69.521 % | £159,000 | £110,538 | £269,538 |
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 | -16.670 % | £-26,505 | £132,494 |
3 Month Average | 35.036 % | £55,707 | £214,707 |
6 Month Average | 61.068 % | £97,098 | £256,098 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Feb 2023 | £279,812 | £280,000 | FLAT 7 31 COTSWOLD WAY |
11 Nov 2022 | £311,230 | £315,000 | FLAT 6 29 COTSWOLD WAY |
30 Sep 2022 | £329,340 | £332,000 | 53 COTSWOLD WAY |
30 May 2022 | £180,399 | £177,000 | FLAT 3 27 COTSWOLD WAY |
29 Apr 2022 | £303,791 | £295,000 | FLAT 7 27 COTSWOLD WAY |
This house has a floor area of 40 sq meters or 430 sq feet when measured on 27 Sep 2012. Using an estimated price of £269,539 means this house is valued at £6,738 per sq meter (£626 per sq foot).
The average size of a house on COTSWOLD WAY is 49 sq meters (537 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Mendip Close |
Jan 2024 | Anti-social behaviour | On or near Quantock Drive | |
Jan 2024 | Anti-social behaviour | On or near Quantock Drive | |
Jan 2024 | Anti-social behaviour | On or near Quantock Drive | |
Jan 2024 | Anti-social behaviour | On or near Quantock Drive |