£810,829
This estimated value is based upon the latest sale price for the house of £636,000 on 21 Jul 2017. 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 |
|---|---|
| £636,000 | 21 Jul 2017 |
| £540,000 | 22 May 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,090 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 July 2017 the House Price Index for GREATER LONDON was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £636,000 results in an estimated price of approximately £810,829.
| 21 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £636,000 | £174,829 | £810,829 |
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 | -73.058 % | £-464,649 | £171,350 |
| 3 Month Average | 32.762 % | £208,364 | £844,364 |
| 6 Month Average | 25.632 % | £163,020 | £799,020 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2023 | £480,824 | £475,000 | FLAT 18 CENTURY HOUSE STATION WAY |
| 3 Mar 2023 | £434,090 | £430,000 | FLAT 13 CHARLESWORTH COURT WHYTE MEWS |
| 19 Jan 2023 | £786,296 | £790,000 | FLAT 5 CHEAM COURT STATION WAY |
| 17 Jan 2023 | £378,218 | £380,000 | 7 KINGSWAY ROAD |
| 11 Jan 2023 | £403,101 | £405,000 | 5 KINGSWAY ROAD |
This house has a floor area of 101 sq meters or 1,090 sq feet when measured on 10 Feb 2009. Using an estimated price of £810,829 means this house is valued at £8,005 per sq meter (£743 per sq foot).
The average size of a house on FORGE LANE is 71 sq meters (770 sq feet).
This house is the largest in the street with a floor area of 101 sq meters (1,090 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Under investigation | On or near Forge Lane |
| Feb 2024 | Anti-social behaviour | On or near Forge Lane | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Kingsway Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Kingsway Road |
| Jan 2024 | Robbery | Under investigation | On or near Parking Area |