£1,026,780
This estimated value is based upon the latest sale price for the house of £400,000 on 18 Nov 2002. 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 |
|---|---|
| £400,000 | 18 Nov 2002 |
| Detached |
| Freehold |
| Floor Area: 236 sq meters or 2,540 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 November 2002 the House Price Index for SURREY was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £400,000 results in an estimated price of approximately £1,026,780.
| 18 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.6 | 156.695 % | £400,000 | £626,780 | £1,026,780 |
The Postcode Pricing Model uses changes in average sales price within the GU1 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 | 75.068 % | £300,271 | £700,271 |
| 3 Month Average | 130.150 % | £520,599 | £920,599 |
| 6 Month Average | 104.975 % | £419,900 | £819,900 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £681,932 | £670,000 | 16 TORMEAD ROAD |
| 18 Aug 2023 | £1,034,046 | £1,025,000 | 16 SPRINGHAVEN CLOSE |
| 21 Jul 2023 | £400,389 | £395,000 | 17 BLADON CLOSE |
| 20 Mar 2023 | £1,100,367 | £1,090,000 | 10 SPRINGHAVEN CLOSE |
| 27 Jul 2022 | £1,403,779 | £1,400,000 | 2 SPRINGHAVEN CLOSE |
This house has a floor area of 236 sq meters or 2,540 sq feet when measured on 13 Jan 2014. Using an estimated price of £1,026,780 means this house is valued at £4,350 per sq meter (£404 per sq foot).
The average size of a house on TORMEAD ROAD is 162 sq meters (1,744 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Other theft | Offender given a caution | On or near St Mildred'S Road |
| Feb 2024 | Public order | Awaiting court outcome | On or near Bladon Close |
| Feb 2024 | Other crime | Under investigation | On or near Bladon Close |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bladon Close |
| Feb 2024 | Anti-social behaviour | On or near Elgin Gardens |