£574,501
This estimated value is based upon the latest sale price for the house of £465,000 on 27 Jun 2019. This value is then adjusted by the current Official House Price Index for SURREY 1
There has been one burglary within the last year on or near Lipsham Close
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141 High Street, Banstead, Surrey, SM7 2NS
Phone: 01737483852
Price Paid | Date |
---|---|
£465,000 | 27 Jun 2019 |
Detached |
Freehold |
Floor Area: 86 sq meters or 925 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 June 2019 the House Price Index for SURREY was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.549%.Applying this 23.549% change to the original purchase price of £465,000 results in an estimated price of approximately £574,501.
27 Jun 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.6 | 23.549 % | £465,000 | £109,501 | £574,501 |
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 | 27.943 % | £129,934 | £594,934 |
3 Month Average | 12.731 % | £59,201 | £524,201 |
6 Month Average | 30.769 % | £143,074 | £608,074 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Aug 2023 | £605,295 | £600,000 | 7 FAIRLAWN GROVE |
17 Jul 2023 | £633,527 | £625,000 | 16 LIPSHAM CLOSE |
13 Feb 2023 | £1,019,314 | £1,020,000 | TREE TOPS, 17 SOUTH DRIVE |
22 Jul 2022 | £566,525 | £565,000 | 9 FAIRLAWN GROVE |
25 Mar 2022 | £1,347,141 | £1,300,000 | 64 WOODMANSTERNE LANE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 24 Jan 2019. Using an estimated price of £574,501 means this house is valued at £6,680 per sq meter (£620 per sq foot).
The average size of a house on FAIRLAWN GROVE is 91 sq meters (988 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Lipsham Close |
Jan 2024 | Violence and sexual offences | Under investigation | On or near Barn Close |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodmansterne Lane |
Mar 2024 | Other crime | Under investigation | On or near Prison |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Prison |