FLAT 5, 6 - 8, RINGSTEAD ROAD, SUTTON, SM1 4SE - £240,000

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.

FLAT 5 6 - 8 RINGSTEAD ROAD is a flat, which could now be worth an estimated £232,407. It was last sold for £240,000 in March 2023, which was around 18% below the average March 2023 flat price in the Sutton local authority area.

FLAT 5 6 - 8 RINGSTEAD ROAD Sold Prices

Land registry data shows four sales for FLAT 5 6 - 8 RINGSTEAD ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Sutton local authority area for the corresponding sale date. All of the four FLAT 5 6 - 8 RINGSTEAD ROAD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2023 17 MAR	£240,000	£294,078	18% below HPI
2014 7 AUG	£190,000	£207,883	9% below HPI
2003 12 DEC	£122,500	£144,762	15% below HPI
1999 30 APR	£58,000	£69,596	17% below HPI

What might FLAT 5 6 - 8 RINGSTEAD ROAD be worth now?

FLAT 5 6 - 8 RINGSTEAD ROAD might now be worth an estimated £232,407.

This is based on house price deflation of 3.2%, between March 2023 and April 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 3.2% deflationary decrease is applied to the most recent sale price for FLAT 5 6 - 8 RINGSTEAD ROAD of £240,000 on 17th March 2023. For the value to have decreased from £240,000 to £232,407 over the two years and eleven months to April 2026, the following assumptions must hold true:

• The value of FLAT 5 6 - 8 RINGSTEAD ROAD has moved in line with the HPI for flats in the Sutton local authority area.
• The March 2023 sale price of £240,000 represented a fair market value for the property.
• The size, condition, and specification of FLAT 5 6 - 8 RINGSTEAD ROAD has not materially changed since March 2023.

Where is FLAT 5 6 - 8 RINGSTEAD ROAD?

FLAT 5, 6 - 8 RINGSTEAD ROAD is located in SUTTON, in the SM1 postcode district.