£862,271
This estimated value is based upon the latest sale price for the house of £699,000 on 14 Dec 2018. 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 |
|---|---|
| £699,000 | 14 Dec 2018 |
| £380,000 | 20 May 2005 |
| Semi-Detached |
| Freehold |
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 2018 the House Price Index for GREATER LONDON was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.358%.Applying this 23.358% change to the original purchase price of £699,000 results in an estimated price of approximately £862,271.
| 14 Dec 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.358 % | £699,000 | £163,271 | £862,271 |
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 | -58.588 % | £-409,531 | £289,468 |
| 3 Month Average | 30.886 % | £215,894 | £914,894 |
| 6 Month Average | 18.510 % | £129,387 | £828,387 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £177,630 | £175,000 | 4C UPPER MULGRAVE ROAD |
| 13 Sep 2023 | £222,849 | £220,000 | FLAT 6 ROYAL CREST HOUSE, 22 - 26 UPPER MULGRAVE ROAD |
| 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 |
| 15 Jul 2022 | £491,323 | £490,000 | FLAT 12 HORIZON COURT, 3 UPPER MULGRAVE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Scotsdale Close | |
| Mar 2024 | Public order | Under investigation | On or near Cheam |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Cheam |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Cheam |
| Mar 2024 | Bicycle theft | On or near Cheam (Station) |