£10,667
This estimated value is based upon the latest sale price for the house of £8,694 on 26 Sep 2019. 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 |
|---|---|
| £8,694 | 26 Sep 2019 |
| Leasehold |
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 September 2019 the House Price Index for GREATER LONDON was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.696%.Applying this 22.696% change to the original purchase price of £8,694 results in an estimated price of approximately £10,667.
| 26 Sep 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.696 % | £8,694 | £1,973 | £10,667 |
The Postcode Pricing Model uses changes in average sales price within the W1K 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 | 194.050 % | £16,870 | £25,564 |
| 3 Month Average | 65.127 % | £5,662 | £14,356 |
| 6 Month Average | 47.984 % | £4,171 | £12,865 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £376,589 | £370,000 | 7 PARK LANE |
| 30 Jun 2023 | £809,809 | £800,000 | 62 MALDEN ROAD |
| 30 Mar 2023 | £282,663 | £280,000 | 18A THE BROADWAY |
| 3 Mar 2023 | £423,995 | £420,000 | FLAT 14 ELIZABETH HOUSE, 32 MICKLEHAM GARDENS |
| 5 Aug 2022 | £772,919 | £775,000 | 2 WEST DENE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Parkside |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Broadway |
| Dec 2023 | Bicycle theft | Investigation complete; no suspect identified | On or near The Broadway |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near The Broadway |