Formby Drive - SK8 3EQ
Key Street Insights
Formby Drive is a residential street with 7 addresses.
It ranks as the 122nd largest and 178th most expensive of the 860 streets in the SK8 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 7 properties: 7 houses.
- Ave. Sale Price
- £336,420
- 10 Year change
- up 60.2%
- Ave. Rental Price
- £1,833pcm
- 10 Year change
- up 82.9%
- Ave. £ per ft²
- £456/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Key Street Insights
Formby Drive is a residential street with 7 addresses.
It ranks as the 122nd largest and 178th most expensive of the 860 streets in the SK8 area. The most common property type is a mid-century house built between 1936 and 1979.
The street contains a total of 7 properties: 7 houses.
- Ave. Sale Price
- £336,420
- 10 Year change
- up 60.2%
- Ave. Rental Price
- £1,833pcm
- 10 Year change
- up 82.9%
- Ave. £ per ft²
- £456/ft²
- Ave. Gross Yield
- 6.5%/year/yr
Explore Propertieson Formby Drive, Heald Green, Cheadle, SK8
- 1 Formby Drive
3 Bed Mid-century House
- 2 Formby Drive
3 Bed Mid-century House
- 3 Formby Drive
3 Bed Mid-century House
- 4 Formby Drive
Unknown
- 5 Formby Drive
3 Bed Mid-century House
Sales Market Trends
The last sale on Formby Drive sold for £345,000 on 30th May 2024. Since then prices are up an average of 5.5%.
The current average value in the street is £336,420.
The Formby Drive Sales Market has increased by 60.2% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 2% | £336,420 |
| June 2025 | 3% | £329,702 |
| June 2024 | 0.9% | £320,050 |
| June 2023 | 2.4% | £317,296 |
| June 2022 | 13.8% | £309,885 |
| June 2021 | 7.8% | £272,276 |
| June 2020 | 4.2% | £252,605 |
| June 2019 | 4% | £242,452 |
| June 2018 | 6.2% | £233,181 |
| June 2017 | 4.6% | £219,661 |
| June 2016 | 10.2% | £210,027 |
| June 2015 | 7.5% | £190,646 |
| June 2014 | 8.4% | £177,367 |
| June 2013 | 1.3% | £163,579 |
| June 2012 | 1% | £161,493 |
| June 2011 | -0.1% | £159,896 |
| June 2010 | 6.2% | £160,086 |
| June 2009 | -12.5% | £150,670 |
| June 2008 | -1.9% | £172,236 |
| June 2007 | 0% | £175,605 |
Rental Market Trends
The current average rental value in the street is £1,833.
The Formby Drive Rental Market has increased by 82.9% over the last 10 years.
| Period | Year on Year | Average Price |
|---|---|---|
| June 2026 | 4.7% | £1,833pcm |
| June 2025 | 3.6% | £1,750pcm |
| June 2024 | 8.6% | £1,690pcm |
| June 2023 | 11.5% | £1,556pcm |
| June 2022 | 14% | £1,396pcm |
| June 2021 | 7.3% | £1,224pcm |
| June 2020 | 1.7% | £1,141pcm |
| June 2019 | 3.9% | £1,121pcm |
| June 2018 | 2.7% | £1,079pcm |
| June 2017 | 4.8% | £1,051pcm |
| June 2016 | 5.3% | £1,002pcm |
| June 2015 | 5.8% | £951pcm |
| June 2014 | 3.5% | £899pcm |
| June 2013 | 2% | £869pcm |
| June 2012 | 1.7% | £851pcm |
| June 2011 | 2.4% | £838pcm |
| June 2010 | 4.2% | £818pcm |
| June 2009 | -5.6% | £785pcm |
| June 2008 | -1.4% | £832pcm |
| June 2007 | 0% | £844pcm |
Sales History
The last sale was on 30th May 2024 for £345,000 and since then the market in the area has increased by 5.5%. The street has had a total of 11 sales since 1995.
Formby Drive, Heald Green, Cheadle, SK8 has seen 1 sale in the last three years and no sales in the last twelve months.
- Sold May 2024£345,000 | 3 Bed House2, Formby Drive, Cheadle, SK8 3EQ2, Formby Drive, Cheadle, SK8 3EQ
- Sold Jul 2022£317,500 | 3 Bed House5, Formby Drive, Cheadle, SK8 3EQ5, Formby Drive, Cheadle, SK8 3EQ
- Sold Nov 2017£228,500 | 3 Bed House6, Formby Drive, Cheadle, SK8 3EQ6, Formby Drive, Cheadle, SK8 3EQ
- Sold Aug 2015£200,000 | 3 Bed House3, Formby Drive, Cheadle, SK8 3EQ3, Formby Drive, Cheadle, SK8 3EQ
- Sold Sep 2013£170,000 | 3 Bed House3, Formby Drive, Cheadle, SK8 3EQ3, Formby Drive, Cheadle, SK8 3EQ
Top 3 Most Expensive Sales
- Sold May 2024£345,000 | 3 Bed House2, Formby Drive, Cheadle, SK8 3EQ2, Formby Drive, Cheadle, SK8 3EQ
- Sold Jul 2022£317,500 | 3 Bed House5, Formby Drive, Cheadle, SK8 3EQ5, Formby Drive, Cheadle, SK8 3EQ
- Sold Nov 2017£228,500 | 3 Bed House6, Formby Drive, Cheadle, SK8 3EQ6, Formby Drive, Cheadle, SK8 3EQ
Nearby Streets
Formby Drive, Heald Green, Cheadle, SK8 is the 122nd largest and the 178th most expensive street in the SK8 area.
- Waterford Place, Heald Green, Cheadle, SK810 Addresses|51 m away
- Eastleigh Road, Heald Green, Cheadle, SK888 Addresses|74 m away
- Freshfield, Heald Green, Cheadle, SK813 Addresses|74 m away
- Ainsdale Drive, Heald Green, Cheadle, SK84 Addresses|106 m away
- Ash Grove, Heald Green, Cheadle, SK811 Addresses|159 m away
- Green Gables Close, Heald Green, Cheadle, SK815 Addresses|160 m away
Property Types
- 5 mid-century houses built between 1936 and 1979
- 2 other addresses of unknown type
- mid-century house (5)
- Unknown (2)
Energy Efficiency
- Energy Performance Certificate (EPC) surveys conducted for 5 properties.
- The most common rating is D.
- A (0)
- E (0)
- B (0)
- F (0)
- C (0)
- G (0)
- D (5)
- No EPC (2)
Schools Nearby
- Prospect Vale Primary School500 m away
- Etchells Primary School700 m away
- Bolshaw Primary School900 m away
- The Kingsway School1.9 km away
- Laurus Cheadle Hulme2.1 km away
- St James' Catholic High School2.4 km away
More reading links
Public Transport Nearby
The closest station to Formby Drive, Heald Green, Cheadle, SK8 - SK8 3EQ is Heald Green station, which is 500 metres away.
- Heald Green|500 m away
- Styal|2.5 km away
- Gatley|2.6 km away
