£1,306
This estimated value is based upon the latest sale price for the house of £1,000 on 26 Jan 2017. 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 |
|---|---|
| £1,000 | 26 Jan 2017 |
| Leasehold |
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 January 2017 the House Price Index for GREATER LONDON was 113.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.673%.Applying this 30.673% change to the original purchase price of £1,000 results in an estimated price of approximately £1,306.
| 26 Jan 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 113.7 | 148.6 | 30.673 % | £1,000 | £306 | £1,306 |
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 | -44.891 % | £-448 | £551 |
| 3 Month Average | -12.948 % | £-129 | £870 |
| 6 Month Average | 11.439 % | £114 | £1,114 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £248,682 | £245,000 | FLAT 24A PACKHAM COURT LAVENDER AVENUE |
| 24 Jul 2023 | £283,820 | £280,000 | FLAT 15 PACKHAM COURT LAVENDER AVENUE |
| 10 Feb 2023 | £466,686 | £467,000 | 81 CHEAM COMMON ROAD |
| 8 Jul 2022 | £496,336 | £495,000 | 6 LINGFIELD ROAD |
| 26 Nov 2021 | £300,661 | £278,000 | FLAT 42 PACKHAM COURT LAVENDER AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Huntingdon Gardens |