£1,088,577
This estimated value is based upon the latest sale price for the house of £499,950 on 16 Dec 2003. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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Sutton, SM2 5QT
Phone: 02034630324
| Price Paid | Date |
|---|---|
| £499,950 | 16 Dec 2003 |
| Detached |
| Freehold |
| Floor Area: 125 sq meters or 1,345 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 2003 the House Price Index for GREATER LONDON was 68.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 117.737%.Applying this 117.737% change to the original purchase price of £499,950 results in an estimated price of approximately £1,088,577.
| 16 Dec 2003 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 68.2 | 148.6 | 117.737 % | £499,950 | £588,627 | £1,088,577 |
The Postcode Pricing Model uses changes in average sales price within the SM2 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 | 46.236 % | £231,156 | £731,106 |
| 3 Month Average | 90.306 % | £451,487 | £951,437 |
| 6 Month Average | 108.379 % | £541,842 | £1,041,792 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Sep 2023 | £918,747 | £907,000 | 32 WOODBURY DRIVE |
| 7 Sep 2023 | £1,012,952 | £1,000,000 | 89 CHILTERN ROAD |
| 29 Aug 2023 | £1,035,055 | £1,026,000 | 9 THE LINKWAY |
| 21 Jul 2022 | £1,125,028 | £1,122,000 | 32 BANSTEAD ROAD SOUTH |
| 24 Mar 2022 | £839,372 | £810,000 | 3 CHEVIOT CLOSE |
This house has a floor area of 125 sq meters or 1,345 sq feet when measured on 25 Jul 2019. Using an estimated price of £1,088,578 means this house is valued at £8,708 per sq meter (£809 per sq foot).
The average size of a house on THE GALLOP is 189 sq meters (2,043 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Woodbury Drive | |
| Jan 2024 | Anti-social behaviour | On or near Woodbury Drive | |
| Jan 2024 | Anti-social behaviour | On or near Woodbury Drive | |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Cheviot Close |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near The Gallop |