£611,374
This estimated value is based upon the latest sale price for the house of £505,000 on 11 Oct 2019. 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 |
|---|---|
| £505,000 | 11 Oct 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 92 sq meters or 990 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 October 2019 the House Price Index for GREATER LONDON was 121.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.064%.Applying this 21.064% change to the original purchase price of £505,000 results in an estimated price of approximately £611,374.
| 11 Oct 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 146.7 | 21.064 % | £505,000 | £106,374 | £611,374 |
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 | 2.084 % | £10,524 | £515,524 |
| 3 Month Average | -4.022 % | £-20,310 | £484,689 |
| 6 Month Average | 12.223 % | £61,723 | £566,723 |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 1 Mar 2019.
The average size of a house on BURNHAM DRIVE is 131 sq meters (1,418 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Burnham Drive |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Gareth Close |
| Dec 2023 | Anti-social behaviour | On or near Hill Crescent | |
| Dec 2023 | Anti-social behaviour | On or near Hill Crescent | |
| Dec 2023 | Anti-social behaviour | On or near Hill Crescent |