£435,415
This estimated value is based upon the latest sale price for the house of £278,000 on 29 Oct 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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1-5 St Mark's Hill, Surbiton, KT6 4LH
Phone: 02034783210
Price Paid | Date |
---|---|
£278,000 | 29 Oct 2007 |
£100,000 | 2 May 2000 |
£60,000 | 2 Feb 1996 |
Flats/Maisonettes |
Leasehold |
Floor Area: 75 sq meters or 807 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in October 2007 the House Price Index for GREATER LONDON was 95.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 56.624%.Applying this 56.624% change to the original purchase price of £278,000 results in an estimated price of approximately £435,415.
29 Oct 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
95.6 | 149.7 | 56.624 % | £278,000 | £157,415 | £435,415 |
The Postcode Pricing Model uses changes in average sales price within the KT6 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 | 23.638 % | £65,713 | £343,713 |
3 Month Average | 53.178 % | £147,835 | £425,835 |
6 Month Average | 50.135 % | £139,375 | £417,375 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
18 Mar 2024 | £472,256 | £465,000 | 37 SOUTH TERRACE |
26 Sep 2023 | £488,263 | £477,500 | 48 SOUTH TERRACE |
15 Sep 2023 | £383,197 | £374,750 | 74 SOUTH TERRACE |
16 Aug 2023 | £1,731,224 | £1,700,000 | 3 SOUTH TERRACE |
20 Jan 2023 | £601,607 | £600,000 | FLAT 7 LONGCROFT, 16 SOUTH BANK |
This house has a floor area of 75 sq meters or 807 sq feet when measured on 15 Feb 2019. Using an estimated price of £435,415 means this house is valued at £5,805 per sq meter (£539 per sq foot).
The average size of a house on SOUTH TERRACE is 86 sq meters (936 sq feet).