£317,042
This estimated value is based upon the latest sale price for the house of £203,100 on 25 Sep 2007. 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 |
---|---|
£203,100 | 25 Sep 2007 |
£112,000 | 12 Jul 2004 |
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 September 2007 the House Price Index for GREATER LONDON was 95.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 56.101%.Applying this 56.101% change to the original purchase price of £203,100 results in an estimated price of approximately £317,042.
25 Sep 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.2 | 148.6 | 56.101 % | £203,100 | £113,942 | £317,042 |
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 | -51.370 % | £-104,333 | £98,766 |
3 Month Average | 97.464 % | £197,950 | £401,050 |
6 Month Average | 91.257 % | £185,343 | £388,443 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
17 Jul 2023 | £709,550 | £700,000 | 7 LUMLEY ROAD |
9 Jun 2023 | £612,418 | £605,000 | 26 LUMLEY ROAD |
2 Nov 2022 | £731,144 | £740,000 | 7 CHURCH FARM LANE |
14 Sep 2022 | £610,073 | £615,000 | 17 COOKES LANE |
20 May 2022 | £615,599 | £604,000 | 33 LUMLEY ROAD |
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 |