This estimated value is based upon the latest sale price for the house of £660,000 on 9 Dec 2005. This value is then adjusted by the current Official House Price Index for SURREY1
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|£660,000||9 Dec 2005|
|£314,000||26 Nov 1998|
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 December 2005 the House Price Index for SURREY was 68.4.The House Price Index as of 1 Dec 2019 is 117.1 which is a change of 71.212%.
Applying this 71.212% change to the original purchase price of £660,000 gives us an estimated price now of around £1,130,001.
|9 Dec 2005||1 Dec 2019||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the KT22 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||124.273 %||£820,200||£1,480,200|
|3 Month Average||57.262 %||£377,930||£1,037,930|
|6 Month Average||38.816 %||£256,188||£916,188|
|Date||Current Estimated Value||Price Paid||Address|
|24 Sep 2019||£902,270||£900,000||24 BADINGHAM DRIVE|
|21 Aug 2019||£1,073,110||£1,070,000||1 BADINGHAM DRIVE|
|12 Jul 2019||£909,985||£900,000||7 ROOKERY CLOSE|
|29 Mar 2019||£877,476||£870,000||6 CEDAR DRIVE|
|24 Jan 2019||£1,319,357||£1,320,000||9 LINKS BROW|