£368,981
This estimated value is based upon the latest sale price for the house of £220,000 on 26 Apr 2013. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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46-50 High Street, Sutton, SM1 1HY
Phone: 02080220908
Price Paid | Date |
---|---|
£220,000 | 26 Apr 2013 |
£85,500 | 25 Jan 1999 |
Terraced |
Freehold |
Floor Area: 56 sq meters or 610 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 April 2013 the House Price Index for GREATER LONDON was 88.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 67.719%.Applying this 67.719% change to the original purchase price of £220,000 results in an estimated price of approximately £368,981.
26 Apr 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
88.6 | 148.6 | 67.719 % | £220,000 | £148,981 | £368,981 |
The Postcode Pricing Model uses changes in average sales price within the SM1 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 | 38.046 % | £83,701 | £303,701 |
3 Month Average | 54.140 % | £119,107 | £339,107 |
6 Month Average | 56.918 % | £125,218 | £345,218 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £335,877 | £330,000 | THE FIRST FLOOR FLAT AT 56 SHERWOOD PARK ROAD |
28 Jul 2023 | £283,820 | £280,000 | 38 MARIAN COURT ROBIN HOOD LANE |
28 Jul 2023 | £316,763 | £312,500 | 25 MARIAN COURT ROBIN HOOD LANE |
27 Jan 2023 | £235,889 | £237,000 | 6 MARIAN COURT ROBIN HOOD LANE |
27 Oct 2022 | £484,780 | £490,000 | 14 RUSSELL WAY |
This house has a floor area of 56 sq meters or 610 sq feet when measured on 28 Mar 2012. Using an estimated price of £368,982 means this house is valued at £6,506 per sq meter (£604 per sq foot).
The average size of a house on RUSSELL WAY is 65 sq meters (709 sq feet).