£921,503
This estimated value is based upon the latest sale price for the house of £717,500 on 28 Jul 2017. This value is then adjusted by the current Official House Price Index for SURREY 1
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2 Chobham Road, Ottershaw, Chertsey, KT16 0NL
Phone: 01932688903
| Price Paid | Date |
|---|---|
| £717,500 | 28 Jul 2017 |
| £481,000 | 29 Mar 2012 |
| £188,000 | 7 Jan 1999 |
| Detached |
| Freehold |
| Floor Area: 136 sq meters or 1,463 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 2017 the House Price Index for SURREY was 116.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 28.433%.Applying this 28.433% change to the original purchase price of £717,500 results in an estimated price of approximately £921,503.
| 28 Jul 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 149.7 | 28.433 % | £717,500 | £204,003 | £921,503 |
The Postcode Pricing Model uses changes in average sales price within the KT16 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 | 47.236 % | £338,919 | £1,056,419 |
| 3 Month Average | 14.334 % | £102,848 | £820,348 |
| 6 Month Average | 21.038 % | £150,948 | £868,448 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 May 2024 | £635,000 | £635,000 | 11 HILLCREST AVENUE |
| 16 May 2024 | £625,000 | £625,000 | 17 SANDALWOOD AVENUE |
| 17 Nov 2023 | £672,060 | £655,000 | 24 WAVERLEY DRIVE |
| 20 Oct 2023 | £532,085 | £520,000 | 15 HILLCREST AVENUE |
| 3 Mar 2023 | £610,190 | £600,000 | 22 SANDALWOOD AVENUE |
This house has a floor area of 136 sq meters or 1,463 sq feet when measured on 8 Mar 2017. Using an estimated price of £921,504 means this house is valued at £6,775 per sq meter (£629 per sq foot).
The average size of a house on WAVERLEY DRIVE is 127 sq meters (1,374 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Waverley Drive |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Ferndale Avenue |
| Jul 2024 | Other theft | Under investigation | On or near Hillcrest Avenue |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Hillcrest Avenue |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Hillcrest Avenue |