£781,875
This estimated value is based upon the latest sale price for the house of £615,000 on 27 Oct 2017. 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 |
|---|---|
| £615,000 | 27 Oct 2017 |
| £286,500 | 12 Oct 2012 |
| £286,500 | 12 Oct 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 157 sq meters or 1,689 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 October 2017 the House Price Index for GREATER LONDON was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £615,000 results in an estimated price of approximately £781,875.
| 27 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £615,000 | £166,875 | £781,875 |
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 | -26.994 % | £-166,015 | £448,984 |
| 3 Month Average | 16.707 % | £102,749 | £717,749 |
| 6 Month Average | 10.186 % | £62,641 | £677,641 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £381,730 | £370,000 | 7 PARK LANE |
| 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 |
This house has a floor area of 157 sq meters or 1,689 sq feet when measured on 1 Jun 2017. Using an estimated price of £781,876 means this house is valued at £4,980 per sq meter (£462 per sq foot).
The average size of a house on MALDEN ROAD is 90 sq meters (979 sq feet).
This house is the largest in the street with a floor area of 157 sq meters (1,689 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Under investigation | On or near Petrol Station |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Oct 2024 | Other theft | Under investigation | On or near Petrol Station |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |
| Oct 2024 | Other theft | Under investigation | On or near Petrol Station |