£572,048
This estimated value is based upon the latest sale price for the house of £440,000 on 17 Feb 2017. This value is then adjusted by the current Official House Price Index for SURREY 1
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2 Chobham Road, Ottershaw, Chertsey, KT16 0NL
Phone: 01932688903
Price Paid | Date |
---|---|
£440,000 | 17 Feb 2017 |
£380,000 | 28 Mar 2014 |
Semi-Detached |
Freehold |
Floor Area: 99 sq meters or 1,065 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 2017 the House Price Index for SURREY was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £440,000 results in an estimated price of approximately £572,048.
17 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
114.3 | 148.6 | 30.011 % | £440,000 | £132,048 | £572,048 |
The Postcode Pricing Model uses changes in average sales price within the KT15 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 | 10.091 % | £44,399 | £484,399 |
3 Month Average | 2.508 % | £11,033 | £451,033 |
6 Month Average | 15.442 % | £67,945 | £507,945 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Mar 2024 | £510,000 | £510,000 | 2 LEDGER DRIVE |
16 Jun 2023 | £698,461 | £690,000 | 29 THE RIDINGS |
28 Sep 2022 | £421,595 | £425,000 | 26 LEDGER DRIVE |
17 Aug 2022 | £494,668 | £496,000 | 36 LEDGER DRIVE |
10 May 2022 | £491,766 | £482,500 | 9 LEDGER DRIVE |
This house has a floor area of 99 sq meters or 1,065 sq feet when measured on 20 Mar 2015. Using an estimated price of £572,048 means this house is valued at £5,778 per sq meter (£536 per sq foot).
The average size of a house on THE RIDINGS is 98 sq meters (1,060 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Violence and sexual offences | Under investigation | On or near Ledger Drive |
Feb 2024 | Anti-social behaviour | On or near Ledger Drive | |
Feb 2024 | Anti-social behaviour | On or near Ledger Drive | |
Mar 2024 | Anti-social behaviour | On or near Hillside Gardens | |
Mar 2024 | Shoplifting | Under investigation | On or near Hillside Gardens |