£642,941
This estimated value is based upon the latest sale price for the house of £510,000 on 3 Nov 2017. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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56 The Broadway, Cheam, SM3 8BD
Phone: 02081281019
Price Paid | Date |
---|---|
£510,000 | 3 Nov 2017 |
£215,000 | 12 Dec 2003 |
£170,000 | 16 Oct 2002 |
Semi-Detached |
Freehold |
Floor Area: 92 sq meters or 990 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 November 2017 the House Price Index for GREATER LONDON was 117.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.067%.Applying this 26.067% change to the original purchase price of £510,000 results in an estimated price of approximately £642,941.
3 Nov 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
117.9 | 148.6 | 26.067 % | £510,000 | £132,941 | £642,941 |
The Postcode Pricing Model uses changes in average sales price within the SM3 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 | -72.484 % | £-369,669 | £140,330 |
3 Month Average | 30.210 % | £154,071 | £664,071 |
6 Month Average | 19.506 % | £99,481 | £609,481 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 Aug 2023 | £555,358 | £550,500 | 172 MALDEN ROAD |
18 Jul 2023 | £359,843 | £355,000 | 26 NETLEY CLOSE |
30 Jun 2023 | £455,518 | £450,000 | 193 MALDEN ROAD |
9 Jun 2023 | £698,461 | £690,000 | 61 STOUGHTON AVENUE |
28 Feb 2023 | £737,004 | £737,500 | 71 STOUGHTON AVENUE |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 5 Apr 2017. Using an estimated price of £642,941 means this house is valued at £6,988 per sq meter (£649 per sq foot).
The average size of a house on MALDEN ROAD is 90 sq meters (979 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Drugs | Under investigation | On or near Netley Close |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Stoughton Avenue |
Apr 2024 | Public order | Under investigation | On or near Malden Road |
Apr 2024 | Anti-social behaviour | On or near Malden Road | |
Mar 2024 | Public order | Under investigation | On or near Malden Road |