£114,485
This estimated value is based upon the latest sale price for the house of £92,000 on 20 Feb 2019. 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 |
|---|---|
| £92,000 | 20 Feb 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 2019 the House Price Index for SURREY was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £92,000 results in an estimated price of approximately £114,485.
| 20 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £92,000 | £22,485 | £114,485 |
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 | 179.074 % | £164,747 | £256,747 |
| 3 Month Average | 24.320 % | £22,374 | £114,374 |
| 6 Month Average | 8.603 % | £7,915 | £99,915 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2022 | £297,391 | £296,000 | FLAT 32 THE EXCHANGE ORIENTAL ROAD |
| 22 Jul 2022 | £252,530 | £250,000 | FLAT 1 WINSTON LODGE, 12A COMMERCIAL WAY |
| 17 Mar 2022 | £1,826,883 | £1,750,000 | 32 COMMERCIAL WAY |
| 7 Feb 2022 | £655,004 | £620,000 | 26 HIGH STREET |
| 22 Mar 2021 | £19,086 | £17,021 | GROUND FLOOR PROVINCIAL HOUSE, 26 COMMERCIAL WAY |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 31 Jul 2017. Using an estimated price of £114,486 means this house is valued at £2,544 per sq meter (£236 per sq foot).
The average size of a house on STATION APPROACH is 67 sq meters (723 sq feet).