£428,743
This estimated value is based upon the latest sale price for the house of £250,000 on 17 Nov 2010. 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 |
|---|---|
| £250,000 | 17 Nov 2010 |
| Terraced |
| Freehold |
| Floor Area: 89 sq meters or 959 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 2010 the House Price Index for GREATER LONDON was 86.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 71.497%.Applying this 71.497% change to the original purchase price of £250,000 results in an estimated price of approximately £428,743.
| 17 Nov 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.6 | 71.497 % | £250,000 | £178,743 | £428,743 |
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 | -51.246 % | £-128,114 | £121,885 |
| 3 Month Average | 88.987 % | £222,468 | £472,468 |
| 6 Month Average | 90.214 % | £225,535 | £475,535 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Aug 2023 | £555,358 | £550,500 | 172 MALDEN ROAD |
| 18 Jul 2023 | £516,958 | £510,000 | 46 STOUGHTON AVENUE |
| 6 Jul 2023 | £532,162 | £525,000 | 29 STOUGHTON AVENUE |
| 30 Jun 2023 | £455,518 | £450,000 | 193 MALDEN ROAD |
| 9 Jun 2023 | £698,461 | £690,000 | 61 STOUGHTON AVENUE |
This house has a floor area of 89 sq meters or 959 sq feet when measured on 10 May 2010. Using an estimated price of £428,743 means this house is valued at £4,807 per sq meter (£446 per sq foot).
The average size of a house on STOUGHTON AVENUE is 95 sq meters (1,029 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Stoughton Avenue |
| Apr 2024 | Burglary | Under investigation | On or near Tilehurst Road |
| 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 |