£504,689
This estimated value is based upon the latest sale price for the house of £412,500 on 7 Feb 2020. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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30 Stonecot Hill, Sutton, SM3 9HE
Phone: 02034630266
Price Paid | Date |
---|---|
£412,500 | 7 Feb 2020 |
Terraced |
Freehold |
Floor Area: 69 sq meters or 742 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 February 2020 the House Price Index for GREATER LONDON was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.349%.Applying this 22.349% change to the original purchase price of £412,500 results in an estimated price of approximately £504,689.
7 Feb 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.5 | 148.6 | 22.349 % | £412,500 | £92,189 | £504,689 |
The Postcode Pricing Model uses changes in average sales price within the SM4 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 | 34.960 % | £144,210 | £556,710 |
3 Month Average | 18.539 % | £76,475 | £488,975 |
6 Month Average | 17.385 % | £71,714 | £484,214 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Jun 2023 | £595,210 | £588,000 | 52 ARAGON ROAD |
29 Jul 2022 | £551,485 | £550,000 | 43 ARAGON ROAD |
18 Jul 2022 | £491,323 | £490,000 | 126 DUDLEY DRIVE |
25 May 2022 | £514,698 | £505,000 | 124 DUDLEY DRIVE |
23 Jun 2021 | £474,233 | £442,000 | 113 ARAGON ROAD |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 24 Aug 2019. Using an estimated price of £504,690 means this house is valued at £7,314 per sq meter (£679 per sq foot).
The average size of a house on DUDLEY DRIVE is 81 sq meters (872 sq feet).