£413,618
This estimated value is based upon the latest sale price for the house of £350,000 on 15 Oct 2020. This value is then adjusted by the current Official House Price Index for SURREY 1
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Unit 4a, Albion House, High Street, Woking, GU21 6BG
Phone: 01483665679
| Price Paid | Date |
|---|---|
| £350,000 | 15 Oct 2020 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 October 2020 the House Price Index for SURREY was 126.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 18.177%.Applying this 18.177% change to the original purchase price of £350,000 results in an estimated price of approximately £413,618.
| 15 Oct 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 149.7 | 18.177 % | £350,000 | £63,618 | £413,618 |
The Postcode Pricing Model uses changes in average sales price within the GU22 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 | 74.974 % | £262,408 | £612,408 |
| 3 Month Average | -3.643 % | £-12,750 | £337,249 |
| 6 Month Average | -4.646 % | £-16,261 | £333,738 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £461,171 | £447,000 | 49 QUEEN ELIZABETH WAY |
| 4 Aug 2023 | £521,913 | £512,500 | 39 ELMBRIDGE LANE |
| 3 Feb 2023 | £537,088 | £533,500 | 24 QUEEN ELIZABETH WAY |
| 12 Aug 2022 | £502,349 | £500,000 | 44 ELMBRIDGE LANE |
| 22 Jul 2022 | £459,605 | £455,000 | 56 QUEEN ELIZABETH WAY |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 30 Jun 2020. Using an estimated price of £413,618 means this house is valued at £4,866 per sq meter (£452 per sq foot).
The average size of a house on QUEEN ELIZABETH WAY is 102 sq meters (1,102 sq feet).