£742,433
This estimated value is based upon the latest sale price for the house of £598,000 on 16 Jan 2018. This value is then adjusted by the current Official House Price Index for SURREY 1
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31 High Street, Banstead, SM7 2NH
Phone: 01737483005
Price Paid | Date |
---|---|
£598,000 | 16 Jan 2018 |
Semi-Detached |
Freehold |
Floor Area: 110 sq meters or 1,184 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 2018 the House Price Index for SURREY was 118.4.
The House Price Index as of 1 Jan 2024 is 147.0 which is a change of 24.153%.Applying this 24.153% change to the original purchase price of £598,000 results in an estimated price of approximately £742,433.
16 Jan 2018 | 1 Jan 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
118.4 | 147.0 | 24.153 % | £598,000 | £144,433 | £742,433 |
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 | -30.034 % | £-179,604 | £418,395 |
3 Month Average | 14.520 % | £86,830 | £684,830 |
6 Month Average | 16.687 % | £99,788 | £697,788 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
7 Aug 2023 | £640,642 | £645,000 | 108 WILMOT WAY |
26 May 2023 | £635,432 | £635,000 | 2B THE OVAL |
17 Feb 2023 | £681,653 | £690,000 | 24 WINKWORTH ROAD |
12 Aug 2022 | £676,870 | £687,000 | 96 WILMOT WAY |
27 Jul 2022 | £669,083 | £675,000 | 53 WINKWORTH ROAD |
This house has a floor area of 110 sq meters or 1,184 sq feet when measured on 13 Sep 2017. Using an estimated price of £742,433 means this house is valued at £6,749 per sq meter (£627 per sq foot).
The average size of a house on WILMOT WAY is 133 sq meters (1,438 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
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 | |
Oct 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Wilmot Way |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Winkworth Road |