£649,721
This estimated value is based upon the latest sale price for the house of £615,000 on 11 Feb 2022. This value is then adjusted by the current Official House Price Index for SURREY 1
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| Price Paid | Date |
|---|---|
| £615,000 | 11 Feb 2022 |
| £126,500 | 25 Aug 1995 |
| Detached |
| Freehold |
| Floor Area: 98 sq meters or 1,054 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 February 2022 the House Price Index for SURREY was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £615,000 results in an estimated price of approximately £649,721.
| 11 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £615,000 | £34,721 | £649,721 |
The Postcode Pricing Model uses changes in average sales price within the RH7 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 | -3.765 % | £-23,154 | £591,845 |
| 3 Month Average | -5.542 % | £-34,083 | £580,916 |
| 6 Month Average | 14.888 % | £91,558 | £706,558 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 May 2024 | £760,000 | £760,000 | TESCO THE OLD CAGE PLAISTOW STREET |
| 11 Aug 2023 | £397,163 | £390,000 | 29 GODSTONE ROAD |
| 18 Mar 2022 | £605,481 | £580,000 | 2A HEADLAND WAY |
| 11 Feb 2022 | £649,721 | £615,000 | 5 VICARAGE CLOSE |
| 14 Dec 2021 | £577,430 | £535,000 | BRICKLANDS FARM COTTAGE NEWCHAPEL ROAD |
This house has a floor area of 98 sq meters or 1,054 sq feet when measured on 1 Jul 2015. Using an estimated price of £649,721 means this house is valued at £6,629 per sq meter (£615 per sq foot).
The average size of a house on VICARAGE CLOSE is 110 sq meters (1,185 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Vicarage Close |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Plaistow Street |
| Oct 2024 | Shoplifting | Unable to prosecute suspect | On or near Plaistow Street |
| Sep 2024 | Drugs | Investigation complete; no suspect identified | On or near Plaistow Street |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Plaistow Street |