£328,559
This estimated value is based upon the latest sale price for the house of £320,000 on 20 May 2022. This value is then adjusted by the current Official House Price Index for SURREY 1
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The Estate Office, Waterhouse Lane, Kingswood, KT20 6HS
Phone: 01737483825
Price Paid | Date |
---|---|
£320,000 | 20 May 2022 |
£292,500 | 10 Mar 2017 |
£201,500 | 20 Dec 2012 |
Terraced |
Leasehold |
Floor Area: 63 sq meters or 678 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 May 2022 the House Price Index for SURREY was 145.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.675%.Applying this 2.675% change to the original purchase price of £320,000 results in an estimated price of approximately £328,559.
20 May 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.8 | 149.7 | 2.675 % | £320,000 | £8,559 | £328,559 |
The Postcode Pricing Model uses changes in average sales price within the RH2 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 | 38.924 % | £124,556 | £444,556 |
3 Month Average | -9.801 % | £-31,361 | £288,638 |
6 Month Average | -0.238 % | £-760 | £319,239 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
8 May 2024 | £495,000 | £495,000 | 8 BURNHAM DRIVE |
19 Apr 2024 | £574,993 | £570,000 | 1 SUMMERLY AVENUE |
17 Nov 2023 | £1,005,524 | £980,000 | 19 BURNHAM DRIVE |
23 Oct 2023 | £286,507 | £280,000 | 6 GAYTON COURT SOMERS ROAD |
5 Jun 2023 | £535,736 | £525,000 | 2 SUMMERLY AVENUE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 6 Jul 2012. Using an estimated price of £328,560 means this house is valued at £5,215 per sq meter (£484 per sq foot).
The average size of a house on SOMERS ROAD is 78 sq meters (846 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Aug 2024 | Anti-social behaviour | On or near Somers Road | |
Jul 2024 | Anti-social behaviour | On or near Somers Road | |
Jul 2024 | Anti-social behaviour | On or near Somers Road | |
May 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Somers Close |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Summerly Avenue |