This estimated value is based upon the latest sale price for the house of £3,800,000 on 3 Apr 2009. This value is then adjusted by the current Official House Price Index for SURREY1
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|£3,800,000||3 Apr 2009|
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 2009 the House Price Index for SURREY was 268.8.The House Price Index as of 1 Jul 2014 is 352.5 which is a change of 31.122%.
Applying this 31.122% change to the original purchase price of £3,800,000 gives us an estimated price now of around £4,982,621.
|3 Apr 2009||1 Jul 2014||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the TW20 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||32.961 %||£1,252,509||£5,052,509|
|3 Month Average||17.939 %||£681,688||£4,481,688|
|6 Month Average||9.430 %||£358,342||£4,158,342|
In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.
In April 2009 the average sale price for the 50 nearest sales within five miles of CASTLEWOOD HOUSE WICK LANE was £388,119.
In July 2014 the average sale price for the 50 nearest sales was £499,848. This is a change of 28.787%.
So taking the original purchase price of £3,800,000 and adjusting it by 28.787% gives an estimated price of £4,893,917.
View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.
|Average price on 3 Apr 2009||Average price on 31 Jul 2014||% change||Purchase Price||Gain / Loss||Estimated Price|
|Date||Current Estimated Value||Price Paid||Address|
|18 Jun 2014||£299,563||£295,000||1 KINGS LANE|
|14 May 2014||£216,088||£210,000||39 BEECHTREE AVENUE|
|5 Feb 2014||£263,028||£250,000||4 LINDEN COURT|
|19 Dec 2013||£961,887||£900,000||A'CRISTA WICK ROAD|
|15 Nov 2013||£269,785||£249,950||50 BEECHTREE AVENUE|
|Apr 2014||Criminal damage and arson||Investigation complete; no suspect identified||On or near Parking Area|
|Apr 2013||Drugs||Under investigation||On or near Parking Area|
|Feb 2012||Criminal damage and arson||On or near Parking Area|
|Nov 2013||Burglary||Under investigation||On or near Wick Road|
|Nov 2013||Criminal damage and arson||On or near Wick Road|