£1,665,145
This estimated value is based upon the latest sale price for the house of £1,375,000 on 11 Jun 2020. This value is then adjusted by the current Official House Price Index for SURREY 1
There has been one burglary within the last year on or near Longcroft Avenue
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141 High Street, Banstead, Surrey, SM7 2NS
Phone: 01737483852
Price Paid | Date |
---|---|
£1,375,000 | 11 Jun 2020 |
Detached |
Freehold |
Floor Area: 250 sq meters or 2,690 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 June 2020 the House Price Index for SURREY was 122.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 21.102%.Applying this 21.102% change to the original purchase price of £1,375,000 results in an estimated price of approximately £1,665,145.
11 Jun 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
122.7 | 148.6 | 21.102 % | £1,375,000 | £290,145 | £1,665,145 |
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 | 40.242 % | £553,325 | £1,928,325 |
3 Month Average | -10.018 % | £-137,753 | £1,237,246 |
6 Month Average | 18.553 % | £255,107 | £1,630,107 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
29 Nov 2023 | £984,577 | £970,000 | 23 WOODMANSTERNE LANE |
4 Aug 2023 | £1,841,107 | £1,825,000 | 22 WOODMANSTERNE LANE |
10 Jan 2023 | £1,408,366 | £1,415,000 | 11 FIDDICROFT AVENUE |
21 Oct 2022 | £1,404,874 | £1,420,000 | 15 LONGCROFT AVENUE |
7 Mar 2022 | £1,025,900 | £990,000 | 9 CHALMERS ROAD |
This house has a floor area of 250 sq meters or 2,690 sq feet when measured on 31 Jan 2020. Using an estimated price of £1,665,146 means this house is valued at £6,660 per sq meter (£618 per sq foot).
The average size of a house on FARLEY CLOSE is 213 sq meters (2,298 sq feet).
This house is the largest in the street with a floor area of 250 sq meters (2,690 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Under investigation | On or near Longcroft Avenue |
Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodmansterne Lane |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Fiddicroft Avenue |
Mar 2024 | Criminal damage and arson | Under investigation | On or near Croydon Lane South |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Robertson Place |