£444,595
This estimated value is based upon the latest sale price for the house of £347,000 on 12 Jun 2017. 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 |
|---|---|
| £347,000 | 12 Jun 2017 |
| £235,000 | 17 Feb 2012 |
| Terraced |
| 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 2017 the House Price Index for SURREY was 116.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 28.126%.Applying this 28.126% change to the original purchase price of £347,000 results in an estimated price of approximately £444,595.
| 12 Jun 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.0 | 148.6 | 28.126 % | £347,000 | £97,595 | £444,595 |
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 | 35.372 % | £122,741 | £469,741 |
| 3 Month Average | 15.238 % | £52,875 | £399,875 |
| 6 Month Average | 35.744 % | £124,032 | £471,032 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Sep 2023 | £387,454 | £382,500 | 118 LAKERS RISE |
| 16 Mar 2023 | £439,137 | £435,000 | 100 LAKERS RISE |
| 23 Jan 2023 | £497,656 | £500,000 | 65 LAKERS RISE |
| 6 Oct 2022 | £534,248 | £540,000 | 192 CHIPSTEAD WAY |
| 9 Sep 2022 | £426,555 | £430,000 | 90 LAKERS RISE |
This house has a floor area of 86 sq meters or 925 sq feet when measured on 2 Feb 2017. Using an estimated price of £444,596 means this house is valued at £5,169 per sq meter (£480 per sq foot).
The average size of a house on LAKERS RISE is 89 sq meters (963 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Lakers Rise |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Lakers Rise |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |