2, Formby Drive
2, Formby Drive
Description & Estimates
According to the public record, 2, Formby Drive, Cheadle is a mid-century leasehold house with 1,108 ft2 of internal area and sits on a 319 m2 plot.
Houses of this size in this area normally have 3 bedrooms with a garden.
Based on available information, and assuming reasonable condition, the estimated sale value for 2, Formby Drive, Cheadle is £393,848 and the estimated rental value is £1,970 per month.
Formby Drive, Heald Green, Cheadle, SK8 is located in the borough of Stockport within the SK8 postal district.
Our Data Sources
2, Formby Drive, Cheadle has 2 entries in the Land Registry , most recently in May 2024 and a single entry in the EPC database dated September 2023.
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
Decorative condition can have a big effect on a property's value and this effect varies depending on the type, size and location of the property.
If 2, Formby Drive, Cheadle is in very good condition we estimate a sale value of £413,540 and a rental value of £2,068 per month.
However, if the property needs a lot of cosmetic work we estimate a sale value of £366,278 and a rental value of £1,832 per month.
Recent Market Change
Over the past 12 months, the estimated sale value of 2, Formby Drive, Cheadle has risen by £8,656 (2.2%), while its estimated rental value has moved up by £90 per month (4.5%). Based on current estimates, the property offers a gross rental yield of 6.0%.
Plot Size
According to data from HM Land Registry, 2, Formby Drive, Cheadle sits on a plot of 319 m2.
We have plot size data on 5 out of 7 other houses in the postcode and 2, Formby Drive, Cheadle sits on the 4th largest plot.
Energy Efficiency
2, Formby Drive, Cheadle has an Energy Performance Rating (EPC) of D. This is based on the most recent assessment, dated 25 Sep 2023.
The property is connected to mains gas and has fully double glazed windows. It is heated using Boiler and radiators, mains gas.
Sold Prices
According to HM Land Registry, 2, Formby Drive, Cheadle was last sold on 30th May 2024 for £345,000 and was recorded as a leasehold house.
The property has had 2 sales since 1995.
Since May 2024, the market for similar properties has risen by 10.8%.
- Sold May 2024£345,000
- Sold Jun 2007£185,000
Similar Properties Sold Nearby
According to the Land Registry and our network of Estate Agents, there have been 3 sales of properties similar to 2, Formby Drive, Cheadle within a radius of 590 metres over the last 2 years.
The most recent example is 5, Ash Grove, Cheadle, SK8 3JA, a freehold house which sold for £421,950 on the 15th August 2025.
Read more about house prices in SK8.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Formby Drive, Heald Green, Cheadle, SK8 has a total of 7 addresses. According to our analysis of all the public data, 2, Formby Drive, Cheadle is the largest and the most expensive property on the street.
When compared to the postcode district it is £19k less expensive than the average property in SK8.
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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
The closest station to 2, Formby Drive, Cheadle is Heald Green station, which is 500 metres away.
- 500mHeald Green
- 2.5kmStyal
- 2.6kmGatley
Risk of Flooding
According to data from the Environment Agency, the flood risk in this area is considered to be very low.
