£411,974
This estimated value is based upon the latest sale price for the house of £305,000 on 24 Mar 2016. 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 |
|---|---|
| £305,000 | 24 Mar 2016 |
| £205,000 | 28 Nov 2008 |
| £77,000 | 30 Oct 1998 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 44 sq meters or 473 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 2016 the House Price Index for GREATER LONDON was 110.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 35.074%.Applying this 35.074% change to the original purchase price of £305,000 results in an estimated price of approximately £411,974.
| 24 Mar 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 148.6 | 35.074 % | £305,000 | £106,974 | £411,974 |
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 | -37.285 % | £-113,718 | £191,281 |
| 3 Month Average | -8.457 % | £-25,795 | £279,204 |
| 6 Month Average | 19.264 % | £58,755 | £363,755 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £415,146 | £409,000 | 23 SOUTHWOOD CLOSE |
| 10 Mar 2023 | £388,662 | £385,000 | 22 HANDSIDE CLOSE |
| 17 Feb 2023 | £492,169 | £492,500 | 58 CLARKES AVENUE |
| 10 Nov 2022 | £602,700 | £610,000 | 47A CLARKES AVENUE |
| 10 Jun 2022 | £433,121 | £427,000 | 10 SOUTHWOOD CLOSE |
This house has a floor area of 44 sq meters or 473 sq feet when measured on 17 May 2016. Using an estimated price of £411,975 means this house is valued at £9,363 per sq meter (£869 per sq foot).
The average size of a house on STANTON CLOSE is 83 sq meters (895 sq feet).
This house is the smallest in the street with a floor area of 44 sq meters (473 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Southwood Close |