£570,754
This estimated value is based upon the latest sale price for the house of £560,000 on 27 May 2022. This value is then adjusted by the current Official House Price Index for SURREY 1
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41 High Street, Caterham, CR3 5UE
Phone: 01883338177
| Price Paid | Date |
|---|---|
| £560,000 | 27 May 2022 |
| £122,000 | 29 Apr 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 64 sq meters or 696 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 2022 the House Price Index for SURREY was 145.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 1.920%.Applying this 1.920% change to the original purchase price of £560,000 results in an estimated price of approximately £570,754.
| 27 May 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.8 | 148.6 | 1.920 % | £560,000 | £10,754 | £570,754 |
The Postcode Pricing Model uses changes in average sales price within the CR3 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 | -30.180 % | £-169,010 | £390,989 |
| 3 Month Average | -12.443 % | £-69,679 | £490,320 |
| 6 Month Average | -6.664 % | £-37,320 | £522,679 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Sep 2023 | £478,620 | £472,500 | 10 MONTAGUE DRIVE |
| 27 May 2022 | £570,754 | £560,000 | 10 CORNWALLIS CLOSE |
| 26 Apr 2022 | £566,390 | £550,000 | 42 BRIGADE PLACE |
| 24 Feb 2022 | £784,948 | £748,500 | 5 CORNWALLIS CLOSE |
| 20 Sep 2021 | £454,744 | £422,000 | 14 MONTAGUE DRIVE |
This house has a floor area of 64 sq meters or 696 sq feet when measured on 26 Nov 2008. Using an estimated price of £570,754 means this house is valued at £8,821 per sq meter (£819 per sq foot).
The average size of a house on CORNWALLIS CLOSE is 123 sq meters (1,330 sq feet).