£648,494
This estimated value is based upon the latest sale price for the house of £116,000 on 5 Aug 1996. 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 |
|---|---|
| £116,000 | 5 Aug 1996 |
| 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 August 1996 the House Price Index for GREATER LONDON was 26.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 459.047%.Applying this 459.047% change to the original purchase price of £116,000 results in an estimated price of approximately £648,494.
| 5 Aug 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.8 | 149.7 | 459.047 % | £116,000 | £532,494 | £648,494 |
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 | 397.271 % | £460,834 | £576,834 |
| 3 Month Average | 346.348 % | £401,764 | £517,764 |
| 6 Month Average | 340.944 % | £395,495 | £511,495 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £345,000 | £345,000 | FLAT 11 FARRIERS COURT FORGE LANE |
| 1 Jun 2023 | £413,282 | £405,000 | 89 PEACHES CLOSE |
| 5 Jan 2023 | £360,964 | £360,000 | FLAT 10 FARRIERS COURT FORGE LANE |
| 3 Aug 2022 | £753,523 | £750,000 | 7 OLD BARN CLOSE |
| 25 Apr 2022 | £440,904 | £425,000 | 95 PEACHES CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Peaches Close | |
| Apr 2024 | Anti-social behaviour | On or near Peaches Close | |
| Apr 2024 | Anti-social behaviour | On or near Peaches Close | |
| Apr 2024 | Anti-social behaviour | On or near Peaches Close | |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near The Lawns |