£854,832
This estimated value is based upon the latest sale price for the house of £697,000 on 5 Nov 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 |
|---|---|
| £697,000 | 5 Nov 2019 |
| Detached |
| Freehold |
| Floor Area: 158 sq meters or 1,700 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 2019 the House Price Index for SURREY was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.645%.Applying this 22.645% change to the original purchase price of £697,000 results in an estimated price of approximately £854,832.
| 5 Nov 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.645 % | £697,000 | £157,832 | £854,832 |
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 | 1.720 % | £11,989 | £708,989 |
| 3 Month Average | 15.599 % | £108,723 | £805,723 |
| 6 Month Average | 7.291 % | £50,818 | £747,818 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £562,188 | £555,000 | 45 FERNDALE AVENUE |
| 25 Nov 2022 | £674,332 | £682,500 | 11 LOWTHER CLOSE |
| 7 Nov 2022 | £775,605 | £785,000 | 18 HILLCREST AVENUE |
| 18 Aug 2022 | £638,282 | £640,000 | 33 FERNDALE AVENUE |
| 6 Jul 2022 | £764,057 | £762,000 | 8 CROSSLANDS |
This house has a floor area of 158 sq meters or 1,700 sq feet when measured on 29 May 2019. Using an estimated price of £854,833 means this house is valued at £5,410 per sq meter (£502 per sq foot).
The average size of a house on FERNDALE AVENUE is 147 sq meters (1,583 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bittams Lane |
| Jan 2024 | Anti-social behaviour | On or near Bittams Lane | |
| Jan 2024 | Anti-social behaviour | On or near Bittams Lane | |
| Jan 2024 | Anti-social behaviour | On or near Bittams Lane | |
| Jan 2024 | Anti-social behaviour | On or near Bittams Lane |