£426,326
This estimated value is based upon the latest sale price for the house of £395,000 on 6 Dec 2021. 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 |
|---|---|
| £395,000 | 6 Dec 2021 |
| £320,000 | 8 Feb 2016 |
| Flats/Maisonettes |
| Leasehold |
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 December 2021 the House Price Index for GREATER LONDON was 138.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 7.931%.Applying this 7.931% change to the original purchase price of £395,000 results in an estimated price of approximately £426,326.
| 6 Dec 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 149.7 | 7.931 % | £395,000 | £31,326 | £426,326 |
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 | -51.014 % | £-201,503 | £193,496 |
| 3 Month Average | 2.531 % | £9,999 | £404,999 |
| 6 Month Average | 0.999 % | £3,946 | £398,946 |
| 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 |
| 3 Mar 2023 | £427,133 | £420,000 | FLAT 14 ELIZABETH HOUSE, 32 MICKLEHAM GARDENS |
| 14 Nov 2022 | £592,231 | £595,000 | 22 MALDEN ROAD |
| 5 Aug 2022 | £778,641 | £775,000 | 2 WEST DENE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Drugs | Unable to prosecute suspect | On or near Shopping Area |
| Sep 2024 | Drugs | Awaiting court outcome | On or near Shopping Area |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Shopping Area |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parkside |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Parkside |