£825,860
This estimated value is based upon the latest sale price for the house of £177,000 on 28 Aug 1998. 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 |
|---|---|
| £177,000 | 28 Aug 1998 |
| Terraced |
| Freehold |
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 August 1998 the House Price Index for GREATER LONDON was 31.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 366.588%.Applying this 366.588% change to the original purchase price of £177,000 results in an estimated price of approximately £825,860.
| 28 Aug 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 148.6 | 366.588 % | £177,000 | £648,860 | £825,860 |
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 | 15.739 % | £27,857 | £204,857 |
| 3 Month Average | 394.494 % | £698,253 | £875,253 |
| 6 Month Average | 392.858 % | £695,359 | £872,359 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Mar 2023 | £282,663 | £280,000 | 18A THE BROADWAY |
| 10 Mar 2023 | £757,133 | £750,000 | 21A PARK ROAD |
| 3 Feb 2023 | £479,677 | £480,000 | 7 RUSHMON PLACE |
| 23 Jan 2023 | £398,125 | £400,000 | FLAT 10 VILLAGE COURT, 25A PARK ROAD |
| 8 Jul 2022 | £300,810 | £300,000 | FLAT 2 SHELDON COURT HIGH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Shopping Area |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Shopping Area |
| Apr 2024 | Other theft | Under investigation | On or near The Broadway |
| Mar 2024 | Shoplifting | Under investigation | On or near The Broadway |
| Mar 2024 | Public order | Under investigation | On or near The Broadway |