£423,057
This estimated value is based upon the latest sale price for the house of £287,000 on 2 Mar 2015. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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44 The Market, Rose Hill, Sutton, SM1 3HE
Phone: 02036414453
| Price Paid | Date |
|---|---|
| £287,000 | 2 Mar 2015 |
| £129,000 | 12 Apr 2002 |
| Terraced |
| Freehold |
| Floor Area: 75 sq meters or 807 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 2015 the House Price Index for GREATER LONDON was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £287,000 results in an estimated price of approximately £423,057.
| 2 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £287,000 | £136,057 | £423,057 |
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 | 18.245 % | £52,362 | £339,362 |
| 3 Month Average | 29.125 % | £83,588 | £370,588 |
| 6 Month Average | 29.292 % | £84,068 | £371,068 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £544,766 | £540,000 | 7 WHITBY GARDENS |
| 2 Aug 2023 | £595,207 | £590,000 | 4 ROSEWOOD GROVE |
| 16 Jun 2023 | £592,173 | £585,000 | 63 GRENNELL ROAD |
| 30 Mar 2023 | £464,375 | £460,000 | 199 WESTMINSTER ROAD |
| 27 Mar 2023 | £408,852 | £405,000 | 205 WESTMINSTER ROAD |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 17 Jan 2014. Using an estimated price of £423,057 means this house is valued at £5,640 per sq meter (£524 per sq foot).
The average size of a house on WESTMINSTER ROAD is 70 sq meters (753 sq feet).