£2,134,711
This estimated value is based upon the latest sale price for the house of £1,975,000 on 24 Jun 2021. This value is then adjusted by the current Official House Price Index for SURREY 1
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50 High Street, Cobham, KT11 3EF
Phone: 01932964436
| Price Paid | Date |
|---|---|
| £1,975,000 | 24 Jun 2021 |
| £1,385,000 | 12 Feb 2010 |
| £1,200,000 | 20 Dec 2002 |
| Detached |
| Freehold |
| Floor Area: 347 sq meters or 3,735 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 June 2021 the House Price Index for SURREY was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £1,975,000 results in an estimated price of approximately £2,134,711.
| 24 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £1,975,000 | £159,711 | £2,134,711 |
The Postcode Pricing Model uses changes in average sales price within the KT11 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 | 3.863 % | £76,285 | £2,051,285 |
| 3 Month Average | 1.008 % | £19,898 | £1,994,898 |
| 6 Month Average | -2.708 % | £-53,482 | £1,921,517 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Sep 2023 | £3,578,894 | £3,500,000 | MULBERRY HOUSE, 11 ASHLYNS PARK |
| 2 Aug 2023 | £2,291,326 | £2,250,000 | 1 FAIRMILE COURT |
| 31 May 2022 | £2,335,854 | £2,275,000 | CROFTON HOUSE MILES LANE |
| 4 Mar 2022 | £1,649,414 | £1,580,000 | 11 ASHCROFT PARK |
| 25 Feb 2022 | £2,377,029 | £2,250,000 | 10 THE GARTH |
This house has a floor area of 347 sq meters or 3,735 sq feet when measured on 10 Mar 2021. Using an estimated price of £2,134,711 means this house is valued at £6,151 per sq meter (£571 per sq foot).
The average size of a house on MILES LANE is 316 sq meters (3,404 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Spring Place |
| Jul 2024 | Anti-social behaviour | On or near Grenville Close | |
| May 2024 | Burglary | Investigation complete; no suspect identified | On or near Grenville Close |
| Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Fairmile Court |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairmile Lane |