£223,726
This estimated value is based upon the latest sale price for the house of £150,000 on 16 Dec 2014. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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45-47 Station Way, Cheam, SM3 8SD
Phone: 02081152230
Price Paid | Date |
---|---|
£150,000 | 16 Dec 2014 |
£41,000 | 17 Oct 1997 |
£26,000 | 26 Feb 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 32 sq meters or 344 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 2014 the House Price Index for GREATER LONDON was 99.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.151%.Applying this 49.151% change to the original purchase price of £150,000 results in an estimated price of approximately £223,726.
16 Dec 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.6 | 148.6 | 49.151 % | £150,000 | £73,726 | £223,726 |
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 | -2.316 % | £-3,474 | £146,525 |
3 Month Average | 20.506 % | £30,758 | £180,758 |
6 Month Average | 22.607 % | £33,911 | £183,911 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Mar 2023 | £2,966,751 | £2,938,800 | OCEANTECH HOUSE STATION APPROACH |
20 Jan 2023 | £527,515 | £530,000 | FLAT 9 HORIZON COURT, 3 UPPER MULGRAVE ROAD |
17 Jan 2023 | £378,218 | £380,000 | 7 KINGSWAY ROAD |
11 Jan 2023 | £403,101 | £405,000 | 5 KINGSWAY ROAD |
5 Jan 2023 | £358,312 | £360,000 | FLAT 10 FARRIERS COURT FORGE LANE |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 19 Mar 2014. Using an estimated price of £223,727 means this house is valued at £6,991 per sq meter (£649 per sq foot).
The average size of a house on PEACHES CLOSE is 78 sq meters (849 sq feet).
This house is the smallest in the street with a floor area of 32 sq meters (344 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Other theft | Under investigation | On or near Old Barn Close |
Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Kingsway Road |
Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Kingsway Road |