£1,040,610
This estimated value is based upon the latest sale price for the house of £985,000 on 24 Feb 2022. 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 |
|---|---|
| £985,000 | 24 Feb 2022 |
| £695,000 | 14 Dec 2012 |
| Detached |
| Freehold |
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 February 2022 the House Price Index for SURREY was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £985,000 results in an estimated price of approximately £1,040,610.
| 24 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £985,000 | £55,610 | £1,040,610 |
The Postcode Pricing Model uses changes in average sales price within the CR5 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 | -1.640 % | £-16,152 | £968,847 |
| 3 Month Average | 3.937 % | £38,774 | £1,023,774 |
| 6 Month Average | -4.219 % | £-41,561 | £943,438 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £805,445 | £785,000 | ROCK DENE OUTWOOD LANE |
| 4 Sep 2023 | £507,180 | £496,000 | 1 STAGBURY HOUSE OUTWOOD LANE |
| 24 Feb 2022 | £1,040,610 | £985,000 | 3 MIDDLEFIELD CLOSE |
| 7 Oct 2021 | £1,187,122 | £1,065,000 | 1 OLD OAK AVENUE |
| 29 Sep 2021 | £903,452 | £832,238 | LITTLE WILLOW, 11A CLEAVE PRIOR |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Anti-social behaviour | On or near Middlefield Close | |
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Middlefield Close |
| Aug 2024 | Anti-social behaviour | On or near Middlefield Close | |
| Jul 2024 | Public order | Investigation complete; no suspect identified | On or near Cleave Prior |
| Aug 2024 | Burglary | Under investigation | On or near Stagbury Close |