£291,204
This estimated value is based upon the latest sale price for the house of £240,000 on 9 Mar 2020. This value is then adjusted by the current Official House Price Index for SURREY 1
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| Price Paid | Date |
|---|---|
| £240,000 | 9 Mar 2020 |
| £232,000 | 23 Aug 2018 |
| £225,000 | 26 Aug 2014 |
| £182,000 | 8 Apr 2005 |
| £74,000 | 9 Apr 1999 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 March 2020 the House Price Index for SURREY was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £240,000 results in an estimated price of approximately £291,204.
| 9 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £240,000 | £51,204 | £291,204 |
The Postcode Pricing Model uses changes in average sales price within the GU27 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 | -58.307 % | £-139,936 | £100,063 |
| 3 Month Average | -17.184 % | £-41,240 | £198,759 |
| 6 Month Average | -12.735 % | £-30,563 | £209,436 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £738,753 | £720,000 | 4 HOWBERRY CHASE |
| 2 Oct 2023 | £258,368 | £252,500 | 12 CEDAR COURT |
| 1 Sep 2023 | £411,573 | £402,500 | 4 HILL COURT |
| 28 Apr 2023 | £275,146 | £270,000 | 10 CEDAR COURT |
| 27 May 2022 | £236,152 | £230,000 | 9 TUDOR COURT LOWER STREET |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 8 Feb 2014. Using an estimated price of £291,205 means this house is valued at £4,853 per sq meter (£450 per sq foot).
The average size of a house on CEDAR COURT is 69 sq meters (749 sq feet).