£411,949
This estimated value is based upon the latest sale price for the house of £119,000 on 30 Apr 2001. This value is then adjusted by the current Official House Price Index for SURREY 1
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5 Kingspost Parade, London Road, Burpham, Guildford, GU1 1YP
Phone: 01483550663
Price Paid | Date |
---|---|
£119,000 | 30 Apr 2001 |
Semi-Detached |
Leasehold |
Floor Area: 54 sq meters or 581 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 April 2001 the House Price Index for SURREY was 42.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 246.176%.Applying this 246.176% change to the original purchase price of £119,000 results in an estimated price of approximately £411,949.
30 Apr 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
42.9 | 148.6 | 246.176 % | £119,000 | £292,949 | £411,949 |
The Postcode Pricing Model uses changes in average sales price within the GU4 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 | 137.133 % | £163,188 | £282,188 |
3 Month Average | 184.453 % | £219,499 | £338,499 |
6 Month Average | 261.362 % | £311,021 | £430,021 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
19 Dec 2023 | £310,432 | £305,000 | 10 GORSE COURT |
5 Apr 2023 | £353,810 | £350,000 | 4 FOUR ACRES |
27 Feb 2023 | £282,810 | £283,000 | FLAT 1 CEDAR HOUSE GORSE COURT |
28 Jul 2022 | £224,605 | £224,000 | 2 HIGHGROVE HOUSE KINGFISHER DRIVE |
19 May 2022 | £451,508 | £443,000 | 147 KINGFISHER DRIVE |
This house has a floor area of 54 sq meters or 581 sq feet when measured on 10 Jan 2014. Using an estimated price of £411,950 means this house is valued at £7,628 per sq meter (£708 per sq foot).
The average size of a house on GORSE COURT is 57 sq meters (619 sq feet).