£512,391
This estimated value is based upon the latest sale price for the house of £420,000 on 5 Jun 2020. 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 |
|---|---|
| £420,000 | 5 Jun 2020 |
| £295,000 | 5 Mar 2018 |
| Semi-Detached |
| 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 June 2020 the House Price Index for GREATER LONDON was 122.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.998%.Applying this 21.998% change to the original purchase price of £420,000 results in an estimated price of approximately £512,391.
| 5 Jun 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.7 | 149.7 | 21.998 % | £420,000 | £92,391 | £512,391 |
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 | -33.031 % | £-138,729 | £281,270 |
| 3 Month Average | 4.852 % | £20,380 | £440,380 |
| 6 Month Average | 8.042 % | £33,777 | £453,777 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Jun 2023 | £816,360 | £800,000 | 62 MALDEN ROAD |
| 9 Jun 2023 | £617,372 | £605,000 | 26 LUMLEY ROAD |
| 3 Mar 2023 | £427,133 | £420,000 | FLAT 14 ELIZABETH HOUSE, 32 MICKLEHAM GARDENS |
| 14 Nov 2022 | £592,231 | £595,000 | 22 MALDEN ROAD |
| 14 Sep 2022 | £614,589 | £615,000 | 17 COOKES LANE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cookes Lane |
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Cookes Lane |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cookes Lane |
| Aug 2024 | Other theft | Under investigation | On or near Cookes Lane |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Cookes Lane |