£62,421
This estimated value is based upon the latest sale price for the house of £50,000 on 12 Jul 2018. This value is then adjusted by the current Official House Price Index for SURREY 1
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PO Box 112 Guildford Road, Effingham, Leatherhead, KT24 5NN
Phone: 01483491022
| Price Paid | Date |
|---|---|
| £50,000 | 12 Jul 2018 |
| Freehold |
| Floor Area: 214 sq meters or 2,303 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 July 2018 the House Price Index for SURREY was 119.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.843%.Applying this 24.843% change to the original purchase price of £50,000 results in an estimated price of approximately £62,421.
| 12 Jul 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.9 | 149.7 | 24.843 % | £50,000 | £12,421 | £62,421 |
The Postcode Pricing Model uses changes in average sales price within the RH5 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 | -16.221 % | £-8,110 | £41,889 |
| 3 Month Average | 9.021 % | £4,510 | £54,510 |
| 6 Month Average | 12.677 % | £6,338 | £56,338 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £1,444,383 | £1,400,000 | SUNHAVEN MANOR RANMORE COMMON |
| 27 Oct 2023 | £338,692 | £331,000 | FLAT 7 RANMORE PLACE RANMORE COMMON |
| 8 Aug 2023 | £557,047 | £547,000 | 9 LAKEVIEW COTTAGES |
| 3 Apr 2023 | £68,787 | £67,500 | RANMORE ARMS RANMORE COMMON |
| 2 Aug 2022 | £5,199,312 | £5,175,000 | THE DENE HOLE HILL |
This house has a floor area of 214 sq meters or 2,303 sq feet when measured on 7 Oct 2019. Using an estimated price of £62,421 means this house is valued at £291 per sq meter (£27 per sq foot).
The average size of a house on RANMORE COMMON is 148 sq meters (1,602 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Under investigation | On or near High Barn Road |
| May 2024 | Burglary | Unable to prosecute suspect | On or near Beech Avenue |