£731,080
This estimated value is based upon the latest sale price for the house of £545,000 on 29 Jul 2016. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Tilehurst Road
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56 The Broadway, Cheam, SM3 8BD
Phone: 02081281019
| Price Paid | Date |
|---|---|
| £545,000 | 29 Jul 2016 |
| £415,000 | 4 Apr 2014 |
| £250,000 | 19 Aug 2004 |
| Semi-Detached |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 July 2016 the House Price Index for GREATER LONDON was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £545,000 results in an estimated price of approximately £731,080.
| 29 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.6 | 149.7 | 34.143 % | £545,000 | £186,080 | £731,080 |
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 | -51.058 % | £-278,263 | £266,736 |
| 3 Month Average | 4.235 % | £23,079 | £568,079 |
| 6 Month Average | 31.327 % | £170,733 | £715,733 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Aug 2023 | £444,008 | £436,000 | 5 KINGSDOWN ROAD |
| 10 Oct 2022 | £727,570 | £730,000 | 33 FROMONDES ROAD |
| 3 Feb 2022 | £533,511 | £505,000 | 2 TILEHURST ROAD |
| 18 Dec 2020 | £673,492 | £582,500 | 50 TILEHURST ROAD |
| 6 Feb 2020 | £671,738 | £545,000 | 41 KINGSDOWN ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 8 Jan 2016. Using an estimated price of £731,081 means this house is valued at £6,586 per sq meter (£611 per sq foot).
The average size of a house on TILEHURST ROAD is 119 sq meters (1,289 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Burglary | Under investigation | On or near Tilehurst Road |