£1,247,792
This estimated value is based upon the latest sale price for the house of £560,000 on 25 Nov 2003. This value is then adjusted by the current Official House Price Index for SURREY 1
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| Price Paid | Date |
|---|---|
| £560,000 | 25 Nov 2003 |
| Detached |
| Freehold |
| Floor Area: 274 sq meters or 2,949 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 2003 the House Price Index for SURREY was 67.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 122.820%.Applying this 122.820% change to the original purchase price of £560,000 results in an estimated price of approximately £1,247,792.
| 25 Nov 2003 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 67.2 | 149.7 | 122.820 % | £560,000 | £687,792 | £1,247,792 |
The Postcode Pricing Model uses changes in average sales price within the GU27 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 | 136.184 % | £762,630 | £1,322,630 |
| 3 Month Average | 88.069 % | £493,184 | £1,053,184 |
| 6 Month Average | 101.119 % | £566,265 | £1,126,265 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Mar 2024 | £543,348 | £535,000 | SPRING COTTAGE THE MOUNT |
| 1 Dec 2023 | £490,059 | £475,000 | HILLVIEW GRAYSWOOD ROAD |
| 31 Aug 2023 | £1,578,469 | £1,550,000 | UPLANDS COURT GRAYSWOOD ROAD |
| 20 Jun 2023 | £709,213 | £695,000 | 11 UPPER MOUNT |
| 12 Apr 2023 | £560,483 | £550,000 | GRAYSWOOD COMMON COTTAGE GRAYSWOOD ROAD |
This house has a floor area of 274 sq meters or 2,949 sq feet when measured on 11 Sep 2019. Using an estimated price of £1,247,792 means this house is valued at £4,553 per sq meter (£423 per sq foot).
The average size of a house on THREE GATES LANE is 180 sq meters (1,944 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Highercombe Road |
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Three Gates Lane |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Uplands Close |
| Sep 2024 | Burglary | Investigation complete; no suspect identified | On or near Uplands Close |
| Aug 2024 | Burglary | Investigation complete; no suspect identified | On or near Uplands Close |