Our Data Sources
1, Formby Drive, Cheadle has a single entry in the Land Registry from April 2013 and a single entry in the EPC database dated April 2012.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 1, Formby Drive, Cheadle, we estimate a market value of £347,866 and a rental value of £1,924 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £308,110 and £1,704 per month respectively.
Plot Size
HM Land Registry records the plot of land for 1, Formby Drive, Cheadle as measuring 360 m2.
That makes it the 2nd largest plot in the postcode, where 5 of the 7 other houses have recorded plot data.
Energy Efficiency
1, Formby Drive, Cheadle has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 18 Apr 2012.
The property is not connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 1, Formby Drive, Cheadle completed on 5th April 2013 at £198,500 and was recorded by HM Land Registry as a leasehold house.
Since 1995 this is the property's only sale.
Values of comparable properties have risen by 116.1% over the period since April 2013.
- Sold Apr 2013£198,500
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 1, Formby Drive, Cheadle have sold within a radius of 600 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 3rd March 2025, was 3, Freshfield, Cheadle, SK8 3EH, a freehold house which sold for £290,000.
Read more about house prices in SK8.
- Sold Mar 2025£290,000 | 3 Bed House3, Freshfield, Cheadle, SK8 3EH3, Freshfield, Cheadle, SK8 3EH
- Sold Dec 2024£280,000 | 3 Bed House63, Eastleigh Road, Cheadle, SK8 3EJ63, Eastleigh Road, Cheadle, SK8 3EJ
- Sold Mar 2020£180,000 | 3 Bed House54, Eastleigh Road, Cheadle, SK8 3EJ54, Eastleigh Road, Cheadle, SK8 3EJ
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
More reading links
Location Comparison
Of the 7 addresses on Formby Drive, Heald Green, Cheadle, SK8, 1, Formby Drive, Cheadle comes out as the 3rd largest and the 3rd most expensive in our analysis of the public data.
It is also £82k less expensive than the average property across the SK8 district.
More reading links
Schools Nearby
- 500mProspect Vale Primary School
- 700mEtchells Primary School
- 900mBolshaw Primary School
- 1.9kmThe Kingsway School
- 2.1kmLaurus Cheadle Hulme
- 2.4kmSt James' Catholic High School
More reading links
Public Transport Nearby
- 500mHeald Green
- 2.5kmStyal
- 2.6kmGatley
Risk of Flooding
The flood risk here is rated very low, based on Environment Agency data.
