£547,362
This estimated value is based upon the latest sale price for the house of £194,000 on 8 Jul 2002. 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 |
|---|---|
| £194,000 | 8 Jul 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 2002 the House Price Index for SURREY was 53.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 182.145%.Applying this 182.145% change to the original purchase price of £194,000 results in an estimated price of approximately £547,362.
| 8 Jul 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 149.7 | 182.145 % | £194,000 | £353,362 | £547,362 |
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 | 133.999 % | £259,958 | £453,958 |
| 3 Month Average | 146.186 % | £283,600 | £477,600 |
| 6 Month Average | 132.862 % | £257,751 | £451,751 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £513,023 | £500,000 | 64 CHIPSTEAD WAY |
| 13 Oct 2023 | £480,923 | £470,000 | 166 CHIPSTEAD WAY |
| 13 Apr 2023 | £509,530 | £500,000 | 4 PRESTBURY CRESCENT |
| 6 Oct 2022 | £538,202 | £540,000 | 192 CHIPSTEAD WAY |
| 2 Aug 2022 | £497,325 | £495,000 | 5 HEMPSHAW AVENUE |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 17 Sep 2015. Using an estimated price of £547,362 means this house is valued at £4,486 per sq meter (£416 per sq foot).
The average size of a house on CHIPSTEAD WAY is 107 sq meters (1,155 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Chipstead Way |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Chipstead Way |
| Jul 2024 | Public order | Under investigation | On or near Prestbury Crescent |
| May 2024 | Public order | Under investigation | On or near Prestbury Crescent |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Prestbury Crescent |