£623,399
This estimated value is based upon the latest sale price for the house of £620,000 on 11 Jan 2024. This value is then adjusted by the current Official House Price Index for SURREY 1
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47 High Street, Banstead, SM7 2NL
Phone: 01737339078
| Price Paid | Date |
|---|---|
| £620,000 | 11 Jan 2024 |
| £617,500 | 18 Oct 2017 |
| Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 January 2024 the House Price Index for SURREY was 145.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 0.548%.Applying this 0.548% change to the original purchase price of £620,000 results in an estimated price of approximately £623,399.
| 11 Jan 2024 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 145.9 | 146.7 | 0.548 % | £620,000 | £3,399 | £623,399 |
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 | 28.058 % | £173,961 | £793,961 |
| 3 Month Average | -13.990 % | £-86,740 | £533,259 |
| 6 Month Average | 1.131 % | £7,012 | £627,012 |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 3 Jul 2017.
The average size of a house on LAMBERT ROAD is 94 sq meters (1,021 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Oval |
| Feb 2024 | Public order | Under investigation | On or near The Oval |
| Nov 2023 | Anti-social behaviour | On or near Wilmot Way | |
| Nov 2023 | Anti-social behaviour | On or near Wilmot Way | |
| Nov 2023 | Anti-social behaviour | On or near Wilmot Way |