£3,759,292
This estimated value is based upon the latest sale price for the house of £618,000 on 9 Oct 2023. 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 |
|---|---|
| £618,000 | 9 Oct 2023 |
| £234,950 | 17 Sep 2010 |
| Terraced |
| Freehold |
| Floor Area: 99 sq meters or 1,065 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 October 2023 the House Price Index for GREATER LONDON was 24.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 508.300%.Applying this 508.300% change to the original purchase price of £618,000 results in an estimated price of approximately £3,759,292.
| 9 Oct 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 24.4 | 148.6 | 508.300 % | £618,000 | £3,141,292 | £3,759,292 |
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 | -81.045 % | £-500,856 | £117,143 |
| 3 Month Average | 2.787 % | £17,226 | £635,226 |
| 6 Month Average | 5.193 % | £32,093 | £650,093 |
| 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 99 sq meters or 1,065 sq feet when measured on 29 Dec 2009.
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 |