£331,388
This estimated value is based upon the latest sale price for the house of £60,000 on 31 Mar 1995. This value is then adjusted by the current Official House Price Index for SURREY 1
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25 High Street, Banstead, SM7 2NE
Phone: 01737483604
| Price Paid | Date |
|---|---|
| £60,000 | 31 Mar 1995 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 100 sq meters or 1,076 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 March 1995 the House Price Index for SURREY was 26.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 452.314%.Applying this 452.314% change to the original purchase price of £60,000 results in an estimated price of approximately £331,388.
| 31 Mar 1995 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.6 | 146.7 | 452.314 % | £60,000 | £271,388 | £331,388 |
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 | 693.538 % | £416,122 | £476,122 |
| 3 Month Average | 344.368 % | £206,620 | £266,620 |
| 6 Month Average | 513.267 % | £307,959 | £367,959 |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 24 Mar 2015.
The average size of a house on GARRATTS LANE is 166 sq meters (1,790 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Gerrards Mead |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Diceland Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Diceland Road |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Diceland Road |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Garratts Lane |