£479,990
This estimated value is based upon the latest sale price for the house of £175,000 on 23 Aug 2002. 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 |
|---|---|
| £175,000 | 23 Aug 2002 |
| 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 2002 the House Price Index for GREATER LONDON was 54.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 174.280%.Applying this 174.280% change to the original purchase price of £175,000 results in an estimated price of approximately £479,990.
| 23 Aug 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 54.2 | 148.6 | 174.280 % | £175,000 | £304,990 | £479,990 |
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 | -36.801 % | £-64,400 | £110,599 |
| 3 Month Average | 171.702 % | £300,478 | £475,478 |
| 6 Month Average | 183.939 % | £321,892 | £496,892 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Jul 2023 | £359,843 | £355,000 | 26 NETLEY CLOSE |
| 16 Jan 2023 | £761,413 | £765,000 | 1 WICKHAM AVENUE |
| 30 Nov 2022 | £337,907 | £342,000 | 3 NETLEY CLOSE |
| 30 Sep 2021 | £393,321 | £365,000 | FLAT 3 CORNERCROFT, 2 WICKHAM AVENUE |
| 29 Sep 2021 | £484,917 | £450,000 | 1 POPINJAYS ROW |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Malden Road | |
| Dec 2023 | Anti-social behaviour | On or near Malden Road | |
| Dec 2023 | Anti-social behaviour | On or near Malden Road |