£957,071
This estimated value is based upon the latest sale price for the house of £750,000 on 10 Apr 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 |
|---|---|
| £750,000 | 10 Apr 2017 |
| Terraced |
| Leasehold |
| Floor Area: 239 sq meters or 2,572 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 April 2017 the House Price Index for GREATER LONDON was 115.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 27.610%.Applying this 27.610% change to the original purchase price of £750,000 results in an estimated price of approximately £957,071.
| 10 Apr 2017 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 146.7 | 27.610 % | £750,000 | £207,071 | £957,071 |
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 | -72.760 % | £-545,697 | £204,302 |
| 3 Month Average | 27.757 % | £208,178 | £958,178 |
| 6 Month Average | 20.220 % | £151,651 | £901,651 |
This house has a floor area of 239 sq meters or 2,572 sq feet when measured on 9 Jan 2015.
The average size of a house on SPRINGCLOSE LANE is 105 sq meters (1,139 sq feet).
This house is the largest in the street with a floor area of 239 sq meters (2,572 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Springclose Lane |
| Jan 2024 | Criminal damage and arson | Under investigation | On or near Springclose Lane |
| Dec 2023 | Anti-social behaviour | On or near Church Farm Lane | |
| Dec 2023 | Anti-social behaviour | On or near Church Farm Lane | |
| Dec 2023 | Anti-social behaviour | On or near Church Farm Lane |