£588,708
This estimated value is based upon the latest sale price for the house of £345,000 on 30 Aug 2011. 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 |
|---|---|
| £345,000 | 30 Aug 2011 |
| £270,000 | 25 Nov 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 927 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 August 2011 the House Price Index for GREATER LONDON was 86.0.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 70.640%.Applying this 70.640% change to the original purchase price of £345,000 results in an estimated price of approximately £588,708.
| 30 Aug 2011 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 146.7 | 70.640 % | £345,000 | £243,708 | £588,708 |
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 | -51.127 % | £-176,386 | £168,613 |
| 3 Month Average | 97.165 % | £335,217 | £680,217 |
| 6 Month Average | 91.751 % | £316,539 | £661,539 |
This house has a floor area of 86 sq meters or 927 sq feet when measured on 19 May 2011.
The average size of a house on NETLEY CLOSE is 72 sq meters (784 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Malden Road | |
| Jan 2024 | Anti-social behaviour | On or near Malden Road | |
| Dec 2023 | Anti-social behaviour | On or near Malden Road | |
| Dec 2023 | Anti-social behaviour | On or near Malden Road |