£762,737
This estimated value is based upon the latest sale price for the house of £750,000 on 10 Mar 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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54-56 High Street, Cheam, SM3 8RW
Phone: 02077681095
| Price Paid | Date |
|---|---|
| £750,000 | 10 Mar 2023 |
| £535,000 | 8 May 2014 |
| £138,000 | 15 Oct 1996 |
| Terraced |
| Freehold |
| Floor Area: 135 sq meters or 1,453 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 March 2023 the House Price Index for GREATER LONDON was 147.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.698%.Applying this 1.698% change to the original purchase price of £750,000 results in an estimated price of approximately £762,737.
| 10 Mar 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.2 | 149.7 | 1.698 % | £750,000 | £12,737 | £762,737 |
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 | -14.510 % | £-108,824 | £641,175 |
| 3 Month Average | -13.433 % | £-100,743 | £649,256 |
| 6 Month Average | -10.171 % | £-76,283 | £673,716 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Apr 2024 | £544,730 | £540,000 | FLAT 7 PALACE COURT, 26 THE BROADWAY |
| 9 Oct 2023 | £562,782 | £550,000 | FLAT 2 PALACE COURT, 26 THE BROADWAY |
| 1 Sep 2023 | £449,918 | £440,000 | 58 HIGH STREET |
| 10 Mar 2023 | £762,738 | £750,000 | 21A PARK ROAD |
| 3 Feb 2023 | £483,228 | £480,000 | 7 RUSHMON PLACE |
This house has a floor area of 135 sq meters or 1,453 sq feet when measured on 20 Sep 2013. Using an estimated price of £762,738 means this house is valued at £5,649 per sq meter (£524 per sq foot).
The average size of a house on PARK ROAD is 84 sq meters (907 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Park Road |
| Sep 2024 | Anti-social behaviour | On or near Park Road | |
| Aug 2024 | Anti-social behaviour | On or near Park Road | |
| Aug 2024 | Anti-social behaviour | On or near Park Road | |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Road |