£1,274,749
This estimated value is based upon the latest sale price for the house of £824,500 on 22 May 2014. This value is then adjusted by the current Official House Price Index for SURREY 1
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Price Paid | Date |
---|---|
£824,500 | 22 May 2014 |
Detached |
Freehold |
Floor Area: 221 sq meters or 2,378 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 May 2014 the House Price Index for SURREY was 96.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 54.609%.Applying this 54.609% change to the original purchase price of £824,500 results in an estimated price of approximately £1,274,749.
22 May 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
96.1 | 148.6 | 54.609 % | £824,500 | £450,249 | £1,274,749 |
The Postcode Pricing Model uses changes in average sales price within the GU6 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 | 32.151 % | £265,083 | £1,089,583 |
3 Month Average | 31.881 % | £262,855 | £1,087,355 |
6 Month Average | 21.223 % | £174,983 | £999,483 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 May 2022 | £764,403 | £750,000 | SILVER TREES COTTAGE THE RIDGEWAY |
24 May 2022 | £744,019 | £730,000 | 12 HOMEWOOD |
13 May 2022 | £637,003 | £625,000 | 5 SYLVAWAYS CLOSE |
12 May 2022 | £784,787 | £770,000 | 11 HOMEWOOD |
14 Apr 2022 | £733,732 | £712,500 | 19 SYLVAWAYS CLOSE |
This house has a floor area of 221 sq meters or 2,378 sq feet when measured on 17 May 2013. Using an estimated price of £1,274,750 means this house is valued at £5,768 per sq meter (£535 per sq foot).
The average size of a house on THE RIDGEWAY is 203 sq meters (2,189 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Homewood |
Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Fettes Road |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Epsom Place |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodland Avenue |
Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Park Drive |