£278,209
This estimated value is based upon the latest sale price for the house of £172,900 on 2 Jan 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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11 Station Road, Sutton, SM2 6BG
Phone: 02035519663
Price Paid | Date |
---|---|
£172,900 | 2 Jan 2014 |
£156,500 | 6 Dec 2010 |
£144,940 | 11 Dec 2006 |
£56,000 | 25 Jul 1997 |
Flats/Maisonettes |
Leasehold |
Floor Area: 53 sq meters or 570 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 January 2014 the House Price Index for GREATER LONDON was 93.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 60.908%.Applying this 60.908% change to the original purchase price of £172,900 results in an estimated price of approximately £278,209.
2 Jan 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.0 | 149.7 | 60.908 % | £172,900 | £105,309 | £278,209 |
The Postcode Pricing Model uses changes in average sales price within the SM2 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 | 50.991 % | £88,163 | £261,063 |
3 Month Average | 59.231 % | £102,410 | £275,310 |
6 Month Average | 55.560 % | £96,062 | £268,962 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Nov 2023 | £184,688 | £180,000 | FLAT 4 38 KINGSWOOD DRIVE |
15 Sep 2023 | £639,088 | £625,000 | 24 KINGSWOOD DRIVE |
31 Aug 2023 | £208,765 | £205,000 | FLAT 12 36 KINGSWOOD DRIVE |
18 Aug 2023 | £224,041 | £220,000 | FLAT 21 38 KINGSWOOD DRIVE |
26 Jan 2023 | £601,607 | £600,000 | 32 KINGSWOOD DRIVE |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 27 Jul 2020. Using an estimated price of £278,209 means this house is valued at £5,249 per sq meter (£487 per sq foot).
The average size of a house on KINGSWOOD DRIVE is 67 sq meters (727 sq feet).