£729,880
This estimated value is based upon the latest sale price for the house of £430,000 on 26 Apr 2010. This value is then adjusted by the current Official House Price Index for SURREY 1
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45-47 Station Way, Cheam, SM3 8SD
Phone: 02081152230
| Price Paid | Date |
|---|---|
| £430,000 | 26 Apr 2010 |
| £118,000 | 2 Aug 1996 |
| Detached |
| Freehold |
| Floor Area: 113 sq meters or 1,217 sq feet |
This model uses changes in the Official Land Registry House Price Index for SURREY to estimate the market value.
When this house was purchased in April 2010 the House Price Index for SURREY was 87.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.740%.Applying this 69.740% change to the original purchase price of £430,000 results in an estimated price of approximately £729,880.
| 26 Apr 2010 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.5 | 148.6 | 69.740 % | £430,000 | £299,880 | £729,880 |
The Postcode Pricing Model uses changes in average sales price within the SM2 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 | 17.849 % | £76,750 | £506,750 |
| 3 Month Average | 43.551 % | £187,267 | £617,267 |
| 6 Month Average | 65.189 % | £280,312 | £710,312 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £1,291,513 | £1,275,000 | 22 CHEYHAM WAY |
| 18 Aug 2023 | £1,064,311 | £1,055,000 | 15 CHEYHAM WAY |
| 27 Jun 2023 | £855,361 | £845,000 | 91 NORTHEY AVENUE |
| 16 Sep 2022 | £902,710 | £910,000 | 125 NORTHEY AVENUE |
| 17 Feb 2022 | £1,195,512 | £1,140,000 | 64 HAREFIELD AVENUE |
This house has a floor area of 113 sq meters or 1,217 sq feet when measured on 23 Oct 2009. Using an estimated price of £729,880 means this house is valued at £6,453 per sq meter (£599 per sq foot).
The average size of a house on NORTHEY AVENUE is 141 sq meters (1,518 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Northey Avenue |
| Dec 2023 | Burglary | Under investigation | On or near Harefield Avenue |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cheyham Gardens |
| Jan 2024 | Burglary | Under investigation | On or near Sandy Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandy Lane |