£616,200
This estimated value is based upon the latest sale price for the house of £125,000 on 15 Sep 1997. 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 |
|---|---|
| £125,000 | 15 Sep 1997 |
| 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 September 1997 the House Price Index for GREATER LONDON was 29.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 392.960%.Applying this 392.960% change to the original purchase price of £125,000 results in an estimated price of approximately £616,200.
| 15 Sep 1997 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.8 | 146.7 | 392.960 % | £125,000 | £491,200 | £616,200 |
The Postcode Pricing Model uses changes in average sales price within the SM1 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 | 567.158 % | £708,947 | £833,947 |
| 3 Month Average | 396.464 % | £495,580 | £620,580 |
| 6 Month Average | 400.183 % | £500,228 | £625,228 |
This house has a floor area of 114 sq meters or 1,227 sq feet when measured on 21 Oct 2013.
The average size of a house on ALBERTA AVENUE is 83 sq meters (895 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Fromondes Road |
| Jan 2024 | Anti-social behaviour | On or near Matlock Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Matlock Gardens | |
| Jan 2024 | Anti-social behaviour | On or near Matlock Gardens | |
| Dec 2023 | Anti-social behaviour | On or near Matlock Gardens |