2, SILVERDALE CLOSE, CHEAM, SUTTON, SM1 2LD - £305,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

2 SILVERDALE CLOSE is a midsized flat of 62m², built sometime between 1967 and 1975, which could now be worth an estimated £318,702. It was last sold for £305,000 in October 2017, which was around 14% above the average October 2017 flat price in the Sutton local authority area. The most recent EPC inspection was April 2016, where the current energy rating was E, and the potential energy rating was C.

2 SILVERDALE CLOSE Sold Prices

Land registry data shows one sale for 2 SILVERDALE CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the Sutton local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2017 30 OCT	£305,000	£268,488	14% above HPI

What might 2 SILVERDALE CLOSE be worth now?

2 SILVERDALE CLOSE might now be worth an estimated £318,702.

This is based on house price inflation of 4.5%, between October 2017 and May 2026, for flats, in the Sutton local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 4.5% inflationary increase is applied to the most recent sale price for 2 SILVERDALE CLOSE of £305,000 on 30th October 2017. For the value to have increased from £305,000 to £318,702 over the nine years and five months to May 2026, the following assumptions must hold true:

• The value of 2 SILVERDALE CLOSE has moved in line with the HPI for flats in the Sutton local authority area.
• The October 2017 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 2 SILVERDALE CLOSE has not materially changed since October 2017.

How Large is 2 SILVERDALE CLOSE?

2 SILVERDALE CLOSE is 62m² according to the EPC inspection conducted in April 2016. This puts it in the largest 50% of flats in London, based on EPC data. 49% of flats are smaller than 2 SILVERDALE CLOSE, and 49% of flats are larger. Note that EPC data is not available for all properties in London.

2 SILVERDALE CLOSE: Plot

2 SILVERDALE CLOSE sits on a plot of roughly 0.729 of an acre, or 2,952m².

Where is 2 SILVERDALE CLOSE?

2 SILVERDALE CLOSE is located in CHEAM, in the SM1 postcode district.