£511,856
This estimated value is based upon the latest sale price for the house of £475,000 on 24 Sep 2021. This value is then adjusted by the current Official House Price Index for SURREY 1
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28 The Broadway, New Haw, Addlestone, KT15 3HA
Phone: 01932964568
| Price Paid | Date |
|---|---|
| £475,000 | 24 Sep 2021 |
| £209,950 | 6 Oct 2003 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 871 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 September 2021 the House Price Index for SURREY was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £475,000 results in an estimated price of approximately £511,856.
| 24 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £475,000 | £36,856 | £511,856 |
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 | -13.522 % | £-64,230 | £410,769 |
| 3 Month Average | -2.538 % | £-12,055 | £462,944 |
| 6 Month Average | -2.584 % | £-12,273 | £462,726 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Mar 2024 | £380,000 | £380,000 | 39 CHAUCER WAY |
| 27 Sep 2023 | £405,181 | £400,000 | 53 ONGAR HILL |
| 14 Jul 2023 | £841,323 | £830,000 | 17 ROWTOWN |
| 9 Jun 2023 | £562,817 | £556,000 | 47 CHAUCER WAY |
| 3 Feb 2023 | £799,462 | £800,000 | 18 COOMBELANDS LANE |
This house has a floor area of 81 sq meters or 871 sq feet when measured on 7 Jun 2021. Using an estimated price of £511,856 means this house is valued at £6,319 per sq meter (£587 per sq foot).
The average size of a house on FRANKLANDS DRIVE is 125 sq meters (1,350 sq feet).