£1,500,772
This estimated value is based upon the latest sale price for the house of £868,500 on 22 Jul 2011. This value is then adjusted by the current Official House Price Index for SURREY 1
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25 High Street, Banstead, SM7 2NE
Phone: 01737483604
Price Paid | Date |
---|---|
£868,500 | 22 Jul 2011 |
£720,000 | 31 Aug 2005 |
Detached |
Freehold |
Floor Area: 246 sq meters or 2,648 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 July 2011 the House Price Index for SURREY was 86.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 72.800%.Applying this 72.800% change to the original purchase price of £868,500 results in an estimated price of approximately £1,500,772.
22 Jul 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 148.6 | 72.800 % | £868,500 | £632,272 | £1,500,772 |
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 | 67.173 % | £583,400 | £1,451,900 |
3 Month Average | 61.261 % | £532,052 | £1,400,552 |
6 Month Average | 81.902 % | £711,322 | £1,579,822 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Jan 2023 | £308,547 | £310,000 | FLAT 5 PARK WOOD HOUSE, 10 MAGNOLIA DRIVE |
9 Sep 2022 | £313,469 | £316,000 | FLAT 6 BUCKLE HOUSE, 1 HURLEY CLOSE |
25 Feb 2022 | £288,391 | £275,000 | FLAT 9 OAKS HOUSE, 12 BRIGHTON ROAD |
9 Dec 2021 | £1,028,522 | £960,000 | 10 BURGH MOUNT |
4 Aug 2021 | £875,758 | £785,000 | 2 MAGNOLIA DRIVE |
This house has a floor area of 246 sq meters or 2,648 sq feet when measured on 23 May 2011. Using an estimated price of £1,500,772 means this house is valued at £6,100 per sq meter (£566 per sq foot).
The average size of a house on BRIGHTON ROAD is 110 sq meters (1,193 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Violence and sexual offences | Under investigation | On or near North Acre |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hillside Close |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Brighton Road |
Jan 2024 | Anti-social behaviour | On or near A217 | |
Jan 2024 | Anti-social behaviour | On or near A217 |