£621,693
This estimated value is based upon the latest sale price for the house of £615,000 on 14 Apr 2023. This value is then adjusted by the current Official House Price Index for SURREY 1
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The Estate Office, Waterhouse Lane, Kingswood, KT20 6HS
Phone: 01737483825
| Price Paid | Date |
|---|---|
| £615,000 | 14 Apr 2023 |
| £380,000 | 16 Oct 2014 |
| £199,950 | 20 Dec 2002 |
| Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 April 2023 the House Price Index for SURREY was 147.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.088%.Applying this 1.088% change to the original purchase price of £615,000 results in an estimated price of approximately £621,693.
| 14 Apr 2023 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.0 | 148.6 | 1.088 % | £615,000 | £6,693 | £621,693 |
The Postcode Pricing Model uses changes in average sales price within the RH2 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 | 12.387 % | £76,181 | £691,181 |
| 3 Month Average | -28.309 % | £-174,103 | £440,896 |
| 6 Month Average | -22.805 % | £-140,250 | £474,749 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £2,356,719 | £2,325,000 | FOXTROT REIGATE HILL |
| 12 Jun 2023 | £420,089 | £415,000 | FLAT 4 UNDERCROFT, 21 RAGLAN ROAD |
| 14 Apr 2023 | £621,694 | £615,000 | ROCK COTTAGE REIGATE HILL |
| 13 Apr 2023 | £1,288,878 | £1,275,000 | 43 RAGLAN ROAD |
| 17 Mar 2023 | £1,140,747 | £1,130,000 | 24 RAGLAN ROAD |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 20 Jul 2012. Using an estimated price of £621,694 means this house is valued at £7,490 per sq meter (£695 per sq foot).
The average size of a house on REIGATE HILL is 98 sq meters (1,059 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Friths Drive |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Petrol Station |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Petrol Station |
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Fort Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fort Lane |