£1,098,900
This estimated value is based upon the latest sale price for the house of £424,950 on 14 Nov 2002. 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 |
|---|---|
| £424,950 | 14 Nov 2002 |
| £187,500 | 7 May 1997 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 May 2024 is 149.7 which is a change of 158.595%.Applying this 158.595% change to the original purchase price of £424,950 results in an estimated price of approximately £1,098,900.
| 14 Nov 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 149.7 | 158.595 % | £424,950 | £673,950 | £1,098,900 |
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 | 50.858 % | £216,123 | £641,073 |
| 3 Month Average | 71.928 % | £305,659 | £730,609 |
| 6 Month Average | 98.282 % | £417,650 | £842,600 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Oct 2023 | £918,358 | £897,500 | 6 LING DRIVE |
| 27 Mar 2023 | £696,634 | £685,000 | 26 LING DRIVE |
| 10 Feb 2023 | £291,900 | £289,950 | 101 IVY DRIVE |
| 31 Jan 2023 | £451,206 | £450,000 | 31 IVY DRIVE |
| 17 Oct 2022 | £378,735 | £380,000 | 21 IVY DRIVE |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 24 Apr 2014. Using an estimated price of £1,098,901 means this house is valued at £8,862 per sq meter (£823 per sq foot).
The average size of a house on IVY DRIVE is 69 sq meters (743 sq feet).
This house is the largest in the street with a floor area of 124 sq meters (1,334 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ivy Drive |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near Briar Avenue |