This estimated value is based upon the latest sale price for the house of £3,800,000 on 3 Apr 2009. This value is then adjusted by the current Official House Price Index for SURREY1
There has been one burglary within the last year on or near Parking Area
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|£3,800,000||3 Apr 2009|
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 April 2009 the House Price Index for SURREY was 66.7.The House Price Index as of 1 Jul 2017 is 118.1 which is a change of 77.137%.
Applying this 77.137% change to the original purchase price of £3,800,000 gives us an estimated price now of around £6,731,199.
|3 Apr 2009||1 Jul 2017||% change||Purchase Price||Gain / Loss||Estimated Price|
The Postcode Pricing Model uses changes in average sales price within the TW20 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||41.837 %||£1,589,794||£5,389,794|
|3 Month Average||69.583 %||£2,644,140||£6,444,140|
|6 Month Average||58.373 %||£2,218,192||£6,018,192|
In this model we estimate the price by looking at how the average sale prices have changed since the house was purchased.
In April 2009 the average sale price for the 50 nearest sales within five miles of CASTLEWOOD HOUSE WICK LANE was £388,119.
In August 2017 the average sale price for the 50 nearest sales was £462,985. This is a change of 19.289%.
So taking the original purchase price of £3,800,000 and adjusting it by 19.289% gives an estimated price of £4,532,998.
View a detailed breakdown on the calculations used for this estimate and guidelines on its accuracy.
|Average price on 3 Apr 2009||Average price on 31 Aug 2017||% change||Purchase Price||Gain / Loss||Estimated Price|
|Date||Current Estimated Value||Price Paid||Address|
|4 Aug 2017||£338,500||£338,500||15 LINDEN COURT|
|3 May 2017||£353,418||£348,000||95 BEECHTREE AVENUE|
|19 Apr 2017||£329,050||£320,000||76 BEECHTREE AVENUE|
|3 Mar 2017||£388,775||£377,000||1 CHERRYWOOD AVENUE|
|30 Nov 2016||£340,477||£333,000||80 BEECHTREE AVENUE|
|May 2017||Vehicle crime||Investigation complete; no suspect identified||On or near Parking Area|
|May 2017||Burglary||Investigation complete; no suspect identified||On or near Parking Area|
|Jun 2017||Vehicle crime||Investigation complete; no suspect identified||On or near Wick Road|
|May 2017||Public order||Under investigation||On or near Wick Road|
|Aug 2017||Burglary||Investigation complete; no suspect identified||On or near Cherrywood Avenue|