£272,660
This estimated value is based upon the latest sale price for the house of £260,000 on 8 Feb 2022. This value is then adjusted by the current Official House Price Index for SURREY 1
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The Estate Office, Waterhouse Lane, Kingswood, KT20 6HS
Phone: 01737483825
| Price Paid | Date |
|---|---|
| £260,000 | 8 Feb 2022 |
| £98,000 | 29 Jun 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 47 sq meters or 505 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 February 2022 the House Price Index for SURREY was 141.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 4.869%.Applying this 4.869% change to the original purchase price of £260,000 results in an estimated price of approximately £272,660.
| 8 Feb 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.6 | 4.869 % | £260,000 | £12,660 | £272,660 |
The Postcode Pricing Model uses changes in average sales price within the RH2 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 | 72.124 % | £187,523 | £447,523 |
| 3 Month Average | -29.613 % | £-76,995 | £183,004 |
| 6 Month Average | -19.815 % | £-51,518 | £208,481 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £278,752 | £275,000 | FLAT 4 28 SOMERS ROAD |
| 24 Feb 2023 | £1,324,109 | £1,325,000 | 41 SOMERS ROAD |
| 25 Jan 2023 | £287,645 | £289,000 | 37 SOMERS ROAD |
| 6 Jan 2023 | £288,640 | £290,000 | 2 MINLEY COURT SOMERS ROAD |
| 5 Jan 2023 | £567,328 | £570,000 | 10 BASSETT DRIVE |
This house has a floor area of 47 sq meters or 505 sq feet when measured on 10 Feb 2014. Using an estimated price of £272,661 means this house is valued at £5,801 per sq meter (£538 per sq foot).
The average size of a house on SOMERS ROAD is 78 sq meters (846 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Feb 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Sports/Recreation Area |
| Mar 2024 | Vehicle crime | Under investigation | On or near St Alban'S Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near East Road |