£630,985
This estimated value is based upon the latest sale price for the house of £475,000 on 9 Sep 2016. 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 |
|---|---|
| £475,000 | 9 Sep 2016 |
| £315,000 | 11 Mar 2011 |
| £197,000 | 12 Apr 2002 |
| £83,000 | 27 Jul 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,334 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 September 2016 the House Price Index for SURREY was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £475,000 results in an estimated price of approximately £630,985.
| 9 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £475,000 | £155,985 | £630,985 |
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 | 41.863 % | £198,848 | £673,848 |
| 3 Month Average | 12.488 % | £59,318 | £534,318 |
| 6 Month Average | 40.817 % | £193,880 | £668,880 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £549,810 | £545,000 | 107 CHIPSTEAD WAY |
| 14 Jul 2023 | £542,299 | £535,000 | 1D CHIPSTEAD WAY |
| 23 Jun 2023 | £278,372 | £275,000 | 3 CEDAR COURT WOODMANSTERNE STREET |
| 25 Aug 2022 | £558,497 | £560,000 | 11 CHIPSTEAD WAY |
| 9 Aug 2022 | £558,497 | £560,000 | 1C CHIPSTEAD WAY |
This house has a floor area of 124 sq meters or 1,334 sq feet when measured on 9 Jun 2016. Using an estimated price of £630,986 means this house is valued at £5,088 per sq meter (£472 per sq foot).
The average size of a house on CHIPSTEAD WAY is 107 sq meters (1,155 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Mar 2024 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Apr 2024 | Violence and sexual offences | Local resolution | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |