£581,944
This estimated value is based upon the latest sale price for the house of £159,000 on 10 Oct 2000. This value is then adjusted by the current Official House Price Index for SURREY 1
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141 High Street, Banstead, Surrey, SM7 2NS
Phone: 01737483852
| Price Paid | Date |
|---|---|
| £159,000 | 10 Oct 2000 |
| Terraced |
| Freehold |
| Floor Area: 90 sq meters or 968 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 October 2000 the House Price Index for SURREY was 40.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 266.003%.Applying this 266.003% change to the original purchase price of £159,000 results in an estimated price of approximately £581,944.
| 10 Oct 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.6 | 148.6 | 266.003 % | £159,000 | £422,944 | £581,944 |
The Postcode Pricing Model uses changes in average sales price within the SM7 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 | 232.545 % | £369,746 | £528,746 |
| 3 Month Average | 174.017 % | £276,687 | £435,687 |
| 6 Month Average | 245.313 % | £390,047 | £549,047 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Oct 2022 | £534,248 | £540,000 | 192 CHIPSTEAD WAY |
| 27 Jul 2022 | £476,282 | £475,000 | 131 CHIPSTEAD WAY |
| 7 Jul 2022 | £616,660 | £615,000 | 157 CHIPSTEAD WAY |
| 20 Jun 2022 | £557,884 | £550,000 | 58 MANOR WAY |
| 31 Mar 2022 | £559,582 | £540,000 | 186 CHIPSTEAD WAY |
This house has a floor area of 90 sq meters or 968 sq feet when measured on 14 Oct 2019. Using an estimated price of £581,944 means this house is valued at £6,466 per sq meter (£600 per sq foot).
The average size of a house on CHIPSTEAD WAY is 107 sq meters (1,155 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hempshaw Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hempshaw Avenue |
| Mar 2024 | Anti-social behaviour | On or near Hempshaw Avenue |