£296,009
This estimated value is based upon the latest sale price for the house of £240,000 on 12 Jul 2019. This value is then adjusted by the current Official House Price Index for SURREY 1
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5 Kingspost Parade, London Road, Burpham, Guildford, GU1 1YP
Phone: 01483550663
| Price Paid | Date |
|---|---|
| £240,000 | 12 Jul 2019 |
| £225,000 | 7 Aug 2015 |
| £97,500 | 10 Mar 2000 |
| Terraced |
| Freehold |
| Floor Area: 41 sq meters or 441 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 July 2019 the House Price Index for SURREY was 120.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.337%.Applying this 23.337% change to the original purchase price of £240,000 results in an estimated price of approximately £296,009.
| 12 Jul 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.6 | 23.337 % | £240,000 | £56,009 | £296,009 |
The Postcode Pricing Model uses changes in average sales price within the GU4 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 | -17.706 % | £-42,494 | £197,505 |
| 3 Month Average | 7.834 % | £18,802 | £258,802 |
| 6 Month Average | 32.799 % | £78,717 | £318,717 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Mar 2024 | £235,000 | £235,000 | 7 BANKS WAY |
| 9 Jun 2023 | £733,890 | £725,000 | 23 BANKS WAY |
| 27 Apr 2023 | £298,211 | £295,000 | 22 HODGSON GARDENS |
| 27 Feb 2023 | £454,694 | £455,000 | 11 HODGSON GARDENS |
| 31 Jan 2023 | £293,617 | £295,000 | 27 HANSON CLOSE |
This house has a floor area of 41 sq meters or 441 sq feet when measured on 3 May 2019. Using an estimated price of £296,010 means this house is valued at £7,219 per sq meter (£670 per sq foot).
The average size of a house on HANSON CLOSE is 60 sq meters (654 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Elder Close |
| Mar 2024 | Burglary | Under investigation | On or near Abbotswood Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Colburn Crescent |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Colburn Crescent |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Colburn Crescent |