£427,105
This estimated value is based upon the latest sale price for the house of £250,000 on 25 Jun 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 | 25 Jun 2010 |
| Terraced |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 June 2010 the House Price Index for GREATER LONDON was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.842%.Applying this 70.842% change to the original purchase price of £250,000 results in an estimated price of approximately £427,105.
| 25 Jun 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.842 % | £250,000 | £177,105 | £427,105 |
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 | 11.639 % | £29,096 | £279,096 |
| 3 Month Average | 72.853 % | £182,132 | £432,132 |
| 6 Month Average | 66.193 % | £165,482 | £415,482 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Oct 2023 | £632,362 | £618,000 | 153 MALDEN ROAD |
| 10 Aug 2023 | £560,611 | £550,500 | 172 MALDEN ROAD |
| 30 Jun 2023 | £459,202 | £450,000 | 193 MALDEN ROAD |
| 9 Jun 2023 | £704,110 | £690,000 | 61 STOUGHTON AVENUE |
| 13 Apr 2023 | £545,197 | £535,000 | 27 STOUGHTON AVENUE |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 27 Jan 2010. Using an estimated price of £427,106 means this house is valued at £4,590 per sq meter (£426 per sq foot).
The average size of a house on MALDEN ROAD is 90 sq meters (979 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Stoughton Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Stoughton Avenue | |
| Jul 2024 | Anti-social behaviour | On or near Stoughton Avenue | |
| Aug 2024 | Anti-social behaviour | On or near Malden Road | |
| Aug 2024 | Anti-social behaviour | On or near Malden Road |