£975,975
This estimated value is based upon the latest sale price for the house of £967,500 on 12 Dec 2022. This value is then adjusted by the current Official House Price Index for SURREY 1
There have been two burglaries within the last year on or near Garratts Lane
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25 High Street, Banstead, SM7 2NE
Phone: 01737483604
| Price Paid | Date |
|---|---|
| £967,500 | 12 Dec 2022 |
| £215,000 | 24 Sep 1999 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,050 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 December 2022 the House Price Index for SURREY was 148.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.876%.Applying this 0.876% change to the original purchase price of £967,500 results in an estimated price of approximately £975,975.
| 12 Dec 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.4 | 149.7 | 0.876 % | £967,500 | £8,475 | £975,975 |
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 | 33.903 % | £328,015 | £1,295,515 |
| 3 Month Average | -11.775 % | £-113,921 | £853,578 |
| 6 Month Average | -5.557 % | £-53,760 | £913,739 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £1,093,604 | £1,060,000 | 34 GARRARD ROAD |
| 25 Nov 2022 | £995,346 | £1,000,000 | 3 SHRUBLAND ROAD |
| 28 Jan 2022 | £1,120,630 | £1,057,000 | 31 GARRATTS LANE |
| 10 Sep 2021 | £1,378,673 | £1,270,000 | 9 GARRATTS LANE |
| 23 Jun 2021 | £545,838 | £505,000 | 13 THE ORCHARD |
This house has a floor area of 97 sq meters or 1,050 sq feet when measured on 24 Jan 2011.
The average size of a house on GARRATTS LANE is 166 sq meters (1,790 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Garratts Lane |
| Jun 2024 | Burglary | Investigation complete; no suspect identified | On or near Garratts Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Apr 2024 | Public order | Unable to prosecute suspect | On or near Sports/Recreation Area |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Orchard |