£626,922
This estimated value is based upon the latest sale price for the house of £505,000 on 15 Oct 2018. This value is then adjusted by the current Official House Price Index for SURREY 1
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| Price Paid | Date |
|---|---|
| £505,000 | 15 Oct 2018 |
| £395,000 | 27 Apr 2012 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 October 2018 the House Price Index for SURREY was 120.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.143%.Applying this 24.143% change to the original purchase price of £505,000 results in an estimated price of approximately £626,922.
| 15 Oct 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.6 | 149.7 | 24.143 % | £505,000 | £121,922 | £626,922 |
The Postcode Pricing Model uses changes in average sales price within the GU6 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 | 13.494 % | £68,143 | £573,143 |
| 3 Month Average | -9.278 % | £-46,851 | £458,148 |
| 6 Month Average | -5.947 % | £-30,034 | £474,965 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jun 2024 | £625,000 | £625,000 | 5 RESTWELL AVENUE |
| 29 Sep 2023 | £2,045,082 | £2,000,000 | LITTLE PITTANCE SMITHWOOD COMMON |
| 24 Aug 2023 | £661,939 | £650,000 | 8 SMITHWOOD AVENUE |
| 29 Jun 2023 | £1,148,006 | £1,125,000 | THORN COTTAGE UPFOLD LANE |
| 29 Jun 2023 | £510,225 | £500,000 | 5 HIGHLAND VIEW SMITHWOOD COMMON |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 6 Oct 2017. Using an estimated price of £626,923 means this house is valued at £7,935 per sq meter (£737 per sq foot).
The average size of a house on SMITHWOOD COMMON is 183 sq meters (1,979 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Park/Open Space |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Restwell Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Restwell Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Restwell Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Restwell Avenue |