£696,015
This estimated value is based upon the latest sale price for the house of £412,500 on 28 Mar 2012. 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 |
|---|---|
| £412,500 | 28 Mar 2012 |
| £249,950 | 31 May 2002 |
| £204,500 | 22 Aug 2001 |
| Terraced |
| Freehold |
| Floor Area: 106 sq meters or 1,143 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 2012 the House Price Index for GREATER LONDON was 86.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 68.731%.Applying this 68.731% change to the original purchase price of £412,500 results in an estimated price of approximately £696,015.
| 28 Mar 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.9 | 146.7 | 68.731 % | £412,500 | £283,515 | £696,015 |
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 | 0.888 % | £3,663 | £416,163 |
| 3 Month Average | 35.475 % | £146,333 | £558,833 |
| 6 Month Average | 61.717 % | £254,580 | £667,080 |
This house has a floor area of 106 sq meters or 1,143 sq feet when measured on 16 Jul 2010.
The average size of a house on COLBORNE WAY is 115 sq meters (1,246 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 | |
| Dec 2023 | Anti-social behaviour | On or near Hill Crescent | |
| Jan 2024 | Anti-social behaviour | On or near Quantock Drive |