Full Address

14 RANELAGH ROAD
REDHILL
REDHILL
SURREY
UNITED KINGDOM
RH1 6BJ

Estimated Market Value

£687,227

This estimated value is based upon the latest sale price for the house of £142,500 on 26 Jul 1996. This value is then adjusted by the current Official House Price Index for SURREY1

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Transactions for this house
Price PaidDate
£142,50026 Jul 1996
House Details
Detached
Freehold

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 1996 the House Price Index for SURREY was 24.3.

The House Price Index as of 1 Dec 2019 is 117.1 which is a change of 382.264%.

Applying this 382.264% change to the original purchase price of £142,500 gives us an estimated price now of around £687,226.

26 Jul 1996 1 Dec 2019 % change Purchase Price Gain / Loss Estimated Price
24.3 117.1 382.264 % £142,500 £544,726 £687,226

The Postcode Pricing Model uses changes in average sales price within the RH1 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 255.533 % £364,133 £506,633
3 Month Average 353.418 % £503,620 £646,120
6 Month Average 399.687 % £569,553 £712,053
Recent Sales Near Here
DateCurrent Estimated ValuePrice PaidAddress
9 Dec 2019 £425,000 £425,000 22 SHREWSBURY ROAD
8 Oct 2019 £426,969 £425,000 37 RANELAGH ROAD
20 Sep 2019 £498,254 £497,000 FERNDALE, 5 SHREWSBURY ROAD
8 Aug 2019 £320,930 £320,000 4 FENGATES ROAD
30 Jul 2019 £217,385 £215,000 7A HATCHLANDS ROAD

Show these sales on a map

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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