£3,787,571
This estimated value is based upon the latest sale price for the house of £2,050,000 on 30 Jan 2009. This value is then adjusted by the current Official House Price Index for SURREY 1
There has been one burglary within the last year on or near Fairbourne
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50 High Street, Cobham, KT11 3EF
Phone: 01932964436
| Price Paid | Date |
|---|---|
| £2,050,000 | 30 Jan 2009 |
| Detached |
| Freehold |
| Floor Area: 478 sq meters or 5,145 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 January 2009 the House Price Index for SURREY was 81.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 84.760%.Applying this 84.760% change to the original purchase price of £2,050,000 results in an estimated price of approximately £3,787,571.
| 30 Jan 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 81.0 | 149.7 | 84.760 % | £2,050,000 | £1,737,571 | £3,787,571 |
The Postcode Pricing Model uses changes in average sales price within the KT11 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 | 96.016 % | £1,968,324 | £4,018,324 |
| 3 Month Average | 140.561 % | £2,881,500 | £4,931,500 |
| 6 Month Average | 60.432 % | £1,238,848 | £3,288,848 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Aug 2023 | £2,291,326 | £2,250,000 | 1 FAIRMILE COURT |
| 14 Sep 2022 | £1,374,082 | £1,375,000 | 133 FAIRMILE LANE |
| 19 Aug 2022 | £4,114,238 | £4,095,000 | HEPBURN HOUSE, 9 FAIRBOURNE |
| 16 Jun 2022 | £1,737,133 | £1,700,000 | 135 FAIRMILE LANE |
| 31 May 2022 | £2,335,854 | £2,275,000 | CROFTON HOUSE MILES LANE |
This house has a floor area of 478 sq meters or 5,145 sq feet when measured on 14 Feb 2014. Using an estimated price of £3,787,572 means this house is valued at £7,923 per sq meter (£736 per sq foot).
The average size of a house on FAIRMILE LANE is 330 sq meters (3,556 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Under investigation | On or near Fairbourne |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spring Place |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Fairmile Court |
| Jul 2024 | Anti-social behaviour | On or near Grenville Close | |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Grenville Close |