£310,076
This estimated value is based upon the latest sale price for the house of £249,000 on 22 May 2019. 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 |
|---|---|
| £249,000 | 22 May 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 66 sq meters or 710 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 May 2019 the House Price Index for SURREY was 120.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.529%.Applying this 24.529% change to the original purchase price of £249,000 results in an estimated price of approximately £310,076.
| 22 May 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 149.7 | 24.529 % | £249,000 | £61,076 | £310,076 |
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 | 6.034 % | £15,025 | £264,025 |
| 3 Month Average | 12.147 % | £30,245 | £279,245 |
| 6 Month Average | 14.243 % | £35,464 | £284,464 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £567,510 | £555,000 | 45 FERNDALE AVENUE |
| 23 Jun 2023 | £510,225 | £500,000 | 68 BITTAMS LANE |
| 25 Nov 2022 | £679,323 | £682,500 | 11 LOWTHER CLOSE |
| 18 Aug 2022 | £643,007 | £640,000 | 33 FERNDALE AVENUE |
| 6 Jul 2022 | £769,713 | £762,000 | 8 CROSSLANDS |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 16 Apr 2019. Using an estimated price of £310,077 means this house is valued at £4,698 per sq meter (£436 per sq foot).
The average size of a house on FERNLANDS CLOSE is 108 sq meters (1,162 sq feet).
This house is the smallest in the street with a floor area of 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Public order | Under investigation | On or near Bittams Lane |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Bittams Lane |
| Jun 2024 | Anti-social behaviour | On or near Merrylands | |
| Jun 2024 | Anti-social behaviour | On or near Merrylands | |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Ferndale Avenue |