£615,174
This estimated value is based upon the latest sale price for the house of £536,000 on 11 Dec 2020. 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 |
---|---|
£536,000 | 11 Dec 2020 |
£400,000 | 3 Nov 2014 |
£328,000 | 19 Oct 2007 |
£315,000 | 29 Jul 2005 |
Terraced |
Freehold |
Floor Area: 100 sq meters or 1,076 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 December 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £536,000 results in an estimated price of approximately £615,174.
11 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
129.5 | 148.6 | 14.771 % | £536,000 | £79,174 | £615,174 |
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 | -40.193 % | £-215,434 | £320,565 |
3 Month Average | -20.466 % | £-109,700 | £426,299 |
6 Month Average | -0.063 % | £-338 | £535,661 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jul 2023 | £405,457 | £400,000 | 60 LANGLEY AVENUE |
26 Aug 2022 | £433,832 | £435,000 | 17 HAMBLETON CLOSE |
18 Mar 2021 | £613,323 | £551,000 | 77A LANGLEY AVENUE |
11 Dec 2020 | £615,174 | £536,000 | 4 CANTERBURY CLOSE |
6 Nov 2020 | £566,924 | £489,000 | 77 LANGLEY AVENUE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 8 May 2014. Using an estimated price of £615,174 means this house is valued at £6,151 per sq meter (£571 per sq foot).
The average size of a house on CANTERBURY CLOSE is 129 sq meters (1,395 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Violence and sexual offences | Under investigation | On or near Gareth Close |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Hambleton Close |