£526,795
This estimated value is based upon the latest sale price for the house of £525,000 on 1 Dec 2023. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
There has been one burglary within the last year on or near Bourne Way
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54-56 High Street, Cheam, SM3 8RW
Phone: 02077681095
| Price Paid | Date |
|---|---|
| £525,000 | 1 Dec 2023 |
| £307,000 | 8 Oct 2012 |
| £250,000 | 19 Nov 2002 |
| £176,950 | 31 May 2000 |
| Terraced |
| Freehold |
| Floor Area: 92 sq meters or 990 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 December 2023 the House Price Index for GREATER LONDON was 146.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 0.342%.Applying this 0.342% change to the original purchase price of £525,000 results in an estimated price of approximately £526,795.
| 1 Dec 2023 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.2 | 146.7 | 0.342 % | £525,000 | £1,795 | £526,795 |
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 | 9.474 % | £49,738 | £574,738 |
| 3 Month Average | 2.736 % | £14,363 | £539,363 |
| 6 Month Average | -1.552 % | £-8,146 | £516,853 |
This house has a floor area of 92 sq meters or 990 sq feet when measured on 21 Oct 2019.
The average size of a house on CORMORANT PLACE is 105 sq meters (1,140 sq feet).
This house is the largest in the street with a floor area of 92 sq meters (990 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Burglary | Under investigation | On or near Bourne Way |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Bourne Way |
| Dec 2023 | Other crime | Investigation complete; no suspect identified | On or near Antrobus Close |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near Antrobus Close |