£519,134
This estimated value is based upon the latest sale price for the house of £425,000 on 27 Nov 2019. 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 |
|---|---|
| £425,000 | 27 Nov 2019 |
| £360,000 | 8 Sep 2016 |
| £122,000 | 9 Apr 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 73 sq meters or 785 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 November 2019 the House Price Index for SURREY was 121.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.149%.Applying this 22.149% change to the original purchase price of £425,000 results in an estimated price of approximately £519,134.
| 27 Nov 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.0 | 22.149 % | £425,000 | £94,134 | £519,134 |
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 | -9.087 % | £-38,620 | £386,379 |
| 3 Month Average | -4.753 % | £-20,202 | £404,797 |
| 6 Month Average | 8.275 % | £35,167 | £460,167 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £407,712 | £399,999 | 4 FAIRLAWNS LAUSTAN CLOSE |
| 3 Nov 2023 | £450,787 | £445,000 | 12 HIGH PATH ROAD |
| 28 Jun 2023 | £332,698 | £330,000 | 16 FAIRLAWNS LAUSTAN CLOSE |
| 2 Mar 2023 | £749,049 | £745,000 | 3 MERROW GRANGE HORSESHOE LANE EAST |
| 4 Nov 2022 | £398,537 | £405,000 | 5 MERROW GRANGE HORSESHOE LANE EAST |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 3 Aug 2016. Using an estimated price of £519,135 means this house is valued at £7,111 per sq meter (£660 per sq foot).
The average size of a house on LAUSTAN CLOSE is 119 sq meters (1,285 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other crime | Awaiting court outcome | On or near Whitehouse Drive |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near High Path Road |
| Mar 2024 | Anti-social behaviour | On or near Merrow Croft | |
| Mar 2024 | Anti-social behaviour | On or near Merrow Croft | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Carroll Avenue |