£754,752
This estimated value is based upon the latest sale price for the house of £249,950 on 27 Mar 2002. 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 |
|---|---|
| £249,950 | 27 Mar 2002 |
| £132,000 | 1 Dec 1995 |
| Detached |
| Freehold |
| Floor Area: 96 sq meters or 1,033 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 March 2002 the House Price Index for GREATER LONDON was 49.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 201.961%.Applying this 201.961% change to the original purchase price of £249,950 results in an estimated price of approximately £754,752.
| 27 Mar 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 49.2 | 148.6 | 201.961 % | £249,950 | £504,802 | £754,752 |
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 | 61.970 % | £154,895 | £404,845 |
| 3 Month Average | 142.270 % | £355,605 | £605,555 |
| 6 Month Average | 196.065 % | £490,065 | £740,015 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £416,161 | £410,000 | 6 MENDIP CLOSE |
| 8 Sep 2023 | £516,605 | £510,000 | 2 BRECON CLOSE |
| 30 Aug 2023 | £1,003,781 | £995,000 | 24 EBBISHAM ROAD |
| 17 Feb 2023 | £279,812 | £280,000 | FLAT 7 31 COTSWOLD WAY |
| 11 Nov 2022 | £311,230 | £315,000 | FLAT 6 29 COTSWOLD WAY |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 8 Aug 2014. Using an estimated price of £754,753 means this house is valued at £7,862 per sq meter (£730 per sq foot).
The average size of a house on BRECON CLOSE is 121 sq meters (1,307 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 | |
| Jan 2024 | Anti-social behaviour | On or near Quantock Drive |