£501,858
This estimated value is based upon the latest sale price for the house of £105,000 on 12 Mar 1998. 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 |
|---|---|
| £105,000 | 12 Mar 1998 |
| Detached |
| Freehold |
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 1998 the House Price Index for GREATER LONDON was 31.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 377.961%.Applying this 377.961% change to the original purchase price of £105,000 results in an estimated price of approximately £501,858.
| 12 Mar 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.1 | 148.6 | 377.961 % | £105,000 | £396,858 | £501,858 |
The Postcode Pricing Model uses changes in average sales price within the SM3 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 | 22.419 % | £23,540 | £128,540 |
| 3 Month Average | 409.901 % | £430,396 | £535,396 |
| 6 Month Average | 400.482 % | £420,506 | £525,506 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £646,308 | £635,000 | 5 WRAYFIELD ROAD |
| 1 Sep 2023 | £633,095 | £625,000 | 200 CHURCH HILL ROAD |
| 28 Jul 2023 | £719,686 | £710,000 | 13 DARCY ROAD |
| 10 Jun 2022 | £705,977 | £696,000 | 11 DARCY ROAD |
| 9 Oct 2020 | £774,235 | £660,000 | 32 HILBERT ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hilbert Road |
| Dec 2023 | Anti-social behaviour | On or near Hilbert Road | |
| Dec 2023 | Anti-social behaviour | On or near Hilbert Road | |
| Dec 2023 | Anti-social behaviour | On or near Hilbert Road | |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Hilbert Road |