£807,156
This estimated value is based upon the latest sale price for the house of £805,000 on 10 Jan 2023. 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 Love Lane
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56 The Broadway, Cheam, SM3 8BD
Phone: 02081281019
| Price Paid | Date |
|---|---|
| £805,000 | 10 Jan 2023 |
| £593,000 | 2 Apr 2015 |
| £375,000 | 26 Nov 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 114 sq meters or 1,227 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 January 2023 the House Price Index for GREATER LONDON was 149.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.268%.Applying this 0.268% change to the original purchase price of £805,000 results in an estimated price of approximately £807,156.
| 10 Jan 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.3 | 149.7 | 0.268 % | £805,000 | £2,156 | £807,156 |
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 | -36.032 % | £-290,055 | £514,944 |
| 3 Month Average | -1.335 % | £-10,744 | £794,255 |
| 6 Month Average | -12.117 % | £-97,543 | £707,456 |
| 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 |
| 10 Mar 2023 | £762,738 | £750,000 | 21A PARK ROAD |
| 3 Feb 2023 | £483,228 | £480,000 | 7 RUSHMON PLACE |
| 23 Jan 2023 | £401,072 | £400,000 | FLAT 10 VILLAGE COURT, 25A PARK ROAD |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 15 Jan 2015.
The average size of a house on LOVE LANE is 153 sq meters (1,654 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Love Lane |
| Sep 2024 | Anti-social behaviour | On or near Church Farm Lane | |
| Sep 2024 | Anti-social behaviour | On or near Church Farm Lane | |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Church Farm Lane |
| Jul 2024 | Anti-social behaviour | On or near Church Farm Lane |