1 GIBSON WAY

£679,637

Full Address

1 GIBSON WAY
CATERHAM
SURREY
UNITED KINGDOM
CR3 5WA

Estimated Market Value

£679,637

This estimated value is based upon the latest sale price for the house of £540,000 on 25 Jul 2017. This value is then adjusted by the current Official House Price Index for SURREY 1

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Transactions for this house
Price PaidDate
£540,00025 Jul 2017
£394,00015 Nov 2013
House Details
Semi-Detached
Freehold
Floor Area: 105 sq meters or 1,130 sq feet

House Price Models

Land Registry House Price Index Model

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 2017 the House Price Index for SURREY was 116.6.

The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 25.859%.

Applying this 25.859% change to the original purchase price of £540,000 results in an estimated price of approximately £679,637.

25 Jul 2017 1 Feb 2024 % change Purchase Price Gain / Loss Estimated Price
116.6 146.7 25.859 % £540,000 £139,637 £679,637

The Postcode Pricing Model uses changes in average sales price within the CR3 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 18.812 % £101,585 £641,585
3 Month Average 4.772 % £25,770 £565,770
6 Month Average 10.969 % £59,234 £599,234
1This estimate is algorithmically derived, and doesn't account for any specific improvements or changes made to this house. For an accurate valuation please consult a professional valuer, or estate agent.

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