£462,350
This estimated value is based upon the latest sale price for the house of £250,000 on 14 May 2009. 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 | 14 May 2009 |
£249,000 | 6 Jul 2006 |
£124,950 | 24 Mar 2000 |
Terraced |
Freehold |
Floor Area: 92 sq meters or 994 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 May 2009 the House Price Index for GREATER LONDON was 80.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 84.940%.Applying this 84.940% change to the original purchase price of £250,000 results in an estimated price of approximately £462,350.
14 May 2009 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
80.4 | 148.6 | 84.940 % | £250,000 | £212,350 | £462,350 |
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 | -38.776 % | £-96,939 | £153,060 |
3 Month Average | 131.791 % | £329,478 | £579,478 |
6 Month Average | 125.325 % | £313,312 | £563,312 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Aug 2023 | £439,848 | £436,000 | 5 KINGSDOWN ROAD |
17 Feb 2023 | £814,452 | £815,000 | 42 FROMONDES ROAD |
10 Oct 2022 | £722,224 | £730,000 | 33 FROMONDES ROAD |
29 Jul 2022 | £568,330 | £566,800 | 32 FROMONDES ROAD |
3 Feb 2022 | £529,591 | £505,000 | 2 TILEHURST ROAD |
This house has a floor area of 92 sq meters or 994 sq feet when measured on 26 Feb 2009. Using an estimated price of £462,350 means this house is valued at £5,003 per sq meter (£464 per sq foot).
The average size of a house on KINGSDOWN ROAD is 93 sq meters (1,006 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Anti-social behaviour | On or near Kingsdown Road | |
Apr 2024 | Burglary | Under investigation | On or near Tilehurst Road |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Fromondes Road |
Feb 2024 | Other theft | Under investigation | On or near Lumley Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Fieldsend Road |