£1,239,558
This estimated value is based upon the latest sale price for the house of £975,000 on 20 Oct 2017. This value is then adjusted by the current Official House Price Index for SURREY 1
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5 Kingspost Parade, London Road, Burpham, Guildford, GU1 1YP
Phone: 01483550663
| Price Paid | Date |
|---|---|
| £975,000 | 20 Oct 2017 |
| Detached |
| Freehold |
| Floor Area: 192 sq meters or 2,066 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 2017 the House Price Index for SURREY was 117.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 27.134%.Applying this 27.134% change to the original purchase price of £975,000 results in an estimated price of approximately £1,239,558.
| 20 Oct 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 149.7 | 27.134 % | £975,000 | £264,558 | £1,239,558 |
The Postcode Pricing Model uses changes in average sales price within the GU1 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 | -21.433 % | £-208,968 | £766,031 |
| 3 Month Average | 19.084 % | £186,069 | £1,161,069 |
| 6 Month Average | 17.711 % | £172,677 | £1,147,677 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Apr 2024 | £408,548 | £405,000 | 4 PENGILLY HOUSE HORSESHOE LANE EAST |
| 18 Dec 2023 | £1,315,420 | £1,275,000 | TIMBERS BEECHWAY |
| 6 Dec 2023 | £412,680 | £399,999 | 4 FAIRLAWNS LAUSTAN CLOSE |
| 28 Jun 2023 | £336,748 | £330,000 | 16 FAIRLAWNS LAUSTAN CLOSE |
| 2 Mar 2023 | £757,653 | £745,000 | 3 MERROW GRANGE HORSESHOE LANE EAST |
This house has a floor area of 192 sq meters or 2,066 sq feet when measured on 15 May 2017. Using an estimated price of £1,239,559 means this house is valued at £6,456 per sq meter (£599 per sq foot).
The average size of a house on LAUSTAN CLOSE is 119 sq meters (1,285 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Horseshoe Lane West |
| Jun 2024 | Anti-social behaviour | On or near Holford Road | |
| Jun 2024 | Anti-social behaviour | On or near Holford Road | |
| May 2024 | Anti-social behaviour | On or near Holmesdale Close | |
| May 2024 | Anti-social behaviour | On or near Holmesdale Close |