£1,083,730
This estimated value is based upon the latest sale price for the house of £836,000 on 26 May 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 |
|---|---|
| £836,000 | 26 May 2017 |
| Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 May 2017 the House Price Index for GREATER LONDON was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £836,000 results in an estimated price of approximately £1,083,730.
| 26 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £836,000 | £247,730 | £1,083,730 |
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 | 45.780 % | £382,721 | £1,218,721 |
| 3 Month Average | 7.740 % | £64,709 | £900,709 |
| 6 Month Average | 13.389 % | £111,933 | £947,933 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Nov 2023 | £230,860 | £225,000 | FLAT 4 ROYAL CREST HOUSE, 22 - 26 UPPER MULGRAVE ROAD |
| 1 Nov 2023 | £179,558 | £175,000 | 4C UPPER MULGRAVE ROAD |
| 13 Sep 2023 | £224,959 | £220,000 | FLAT 6 ROYAL CREST HOUSE, 22 - 26 UPPER MULGRAVE ROAD |
| 14 Mar 2023 | £2,988,712 | £2,938,800 | OCEANTECH HOUSE STATION APPROACH |
| 17 Feb 2023 | £221,479 | £220,000 | FLAT 10 ROYAL CREST HOUSE, 22 - 26 UPPER MULGRAVE ROAD |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 5 Jun 2014. Using an estimated price of £1,083,730 means this house is valued at £7,631 per sq meter (£709 per sq foot).
The average size of a house on BURDON LANE is 229 sq meters (2,475 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Lawns |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Lawns |
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Lawns |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Station Approach |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Station Approach |