£531,096
This estimated value is based upon the latest sale price for the house of £305,000 on 30 Aug 2011. This value is then adjusted by the current Official House Price Index for SURREY 1
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41 High Street, Caterham, CR3 5UE
Phone: 01883338177
| Price Paid | Date |
|---|---|
| £305,000 | 30 Aug 2011 |
| £167,000 | 16 Nov 2000 |
| Detached |
| Freehold |
| Floor Area: 81 sq meters or 877 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 August 2011 the House Price Index for SURREY was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.130%.Applying this 74.130% change to the original purchase price of £305,000 results in an estimated price of approximately £531,096.
| 30 Aug 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.130 % | £305,000 | £226,096 | £531,096 |
The Postcode Pricing Model uses changes in average sales price within the CR3 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 | 28.337 % | £86,426 | £391,426 |
| 3 Month Average | 35.272 % | £107,579 | £412,579 |
| 6 Month Average | 57.318 % | £174,818 | £479,818 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £363,586 | £358,000 | 42 DRAKE AVENUE |
| 27 Nov 2023 | £282,162 | £275,000 | 16 NICHOLLS CLOSE |
| 21 Apr 2023 | £146,490 | £143,750 | 4 SERGEANTS PLACE |
| 4 Apr 2023 | £214,003 | £210,000 | 18 NICHOLLS CLOSE |
| 4 Aug 2022 | £753,523 | £750,000 | 14 DRAKE AVENUE |
This house has a floor area of 81 sq meters or 877 sq feet when measured on 12 Jun 2010. Using an estimated price of £531,096 means this house is valued at £6,516 per sq meter (£605 per sq foot).
The average size of a house on DRAKE AVENUE is 81 sq meters (873 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Possession of weapons | Under investigation | On or near Drake Avenue |
| Oct 2024 | Public order | Under investigation | On or near Vernon Drive |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Montague Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Wellington Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wellington Road |