£505,083
This estimated value is based upon the latest sale price for the house of £410,000 on 29 Aug 2018. 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 |
|---|---|
| £410,000 | 29 Aug 2018 |
| £274,000 | 18 Jun 2010 |
| Semi-Detached |
| Freehold |
| Floor Area: 87 sq meters or 936 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 August 2018 the House Price Index for SURREY was 120.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.191%.Applying this 23.191% change to the original purchase price of £410,000 results in an estimated price of approximately £505,083.
| 29 Aug 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.0 | 23.191 % | £410,000 | £95,083 | £505,083 |
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 | 27.405 % | £112,362 | £522,362 |
| 3 Month Average | -2.250 % | £-9,223 | £400,776 |
| 6 Month Average | 25.620 % | £105,043 | £515,043 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £506,502 | £500,000 | 64 CHIPSTEAD WAY |
| 22 Aug 2023 | £548,334 | £545,000 | 107 CHIPSTEAD WAY |
| 14 Jul 2023 | £540,109 | £535,000 | 1D CHIPSTEAD WAY |
| 9 Aug 2022 | £556,242 | £560,000 | 1C CHIPSTEAD WAY |
| 1 Aug 2022 | £513,530 | £517,000 | 49 PRESTBURY CRESCENT |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 11 Jul 2017. Using an estimated price of £505,083 means this house is valued at £5,805 per sq meter (£539 per sq foot).
The average size of a house on CHIPSTEAD WAY is 107 sq meters (1,155 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other crime | Under investigation | On or near Prestbury Crescent |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Prestbury Crescent |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chipstead Way |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Hempshaw Avenue |
| Mar 2024 | Anti-social behaviour | On or near Hempshaw Avenue |