£694,874
This estimated value is based upon the latest sale price for the house of £408,000 on 23 Aug 2012. This value is then adjusted by the current Official House Price Index for SURREY 1
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76 Guildford Road, Lightwater, GU18 5ST
Phone: 01276980806
Price Paid | Date |
---|---|
£408,000 | 23 Aug 2012 |
£189,950 | 18 Sep 1998 |
Detached |
Freehold |
Floor Area: 145 sq meters or 1,560 sq feet |
This model uses changes in the Official Land Registry House Price Index for SURREY to estimate the market value.
When this house was purchased in August 2012 the House Price Index for SURREY was 87.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 70.312%.Applying this 70.312% change to the original purchase price of £408,000 results in an estimated price of approximately £694,874.
23 Aug 2012 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.3 | 148.6 | 70.312 % | £408,000 | £286,874 | £694,874 |
The Postcode Pricing Model uses changes in average sales price within the GU18 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 | 72.971 % | £297,722 | £705,722 |
3 Month Average | 60.697 % | £247,642 | £655,642 |
6 Month Average | 74.500 % | £303,959 | £711,959 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Sep 2023 | £136,748 | £135,000 | 15 GORSE BANK |
28 Jun 2023 | £455,518 | £450,000 | 68 SPRUCE DRIVE |
31 Jan 2023 | £447,890 | £450,000 | 31 IVY DRIVE |
27 Jan 2023 | £271,222 | £272,500 | 34 SPRUCE DRIVE |
17 Oct 2022 | £375,952 | £380,000 | 21 IVY DRIVE |
This house has a floor area of 145 sq meters or 1,560 sq feet when measured on 25 Apr 2012. Using an estimated price of £694,875 means this house is valued at £4,792 per sq meter (£445 per sq foot).
The average size of a house on SPRUCE DRIVE is 92 sq meters (995 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Spruce Drive |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Red Road |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Red Road |