12, IFIELD CLOSE, REDHILL, RH1 6SW - £350,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

12 IFIELD CLOSE is a detached house, which could now be worth an estimated £672,517. It was last sold for £350,000 in February 2007, which was around 27% below the average February 2007 detached price in the Reigate and Banstead local authority area.

12 IFIELD CLOSE Sold Prices

Land registry data shows three sales for 12 IFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the three sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the three 12 IFIELD CLOSE sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2007 15 FEB	£350,000	£479,331	27% below HPI
2000 2 AUG	£235,000	£302,319	22% below HPI
1995 30 JUN	£129,950	£152,275	15% below HPI

What might 12 IFIELD CLOSE be worth now?

12 IFIELD CLOSE might now be worth an estimated £672,517.

This is based on house price inflation of 92.1%, between February 2007 and May 2026, for detached houses, in the Reigate and Banstead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 92.1% inflationary increase is applied to the most recent sale price for 12 IFIELD CLOSE of £350,000 on 15th February 2007. For the value to have increased from £350,000 to £672,517 over the eighteen years and nine months to May 2026, the following assumptions must hold true:

• The value of 12 IFIELD CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The February 2007 sale price of £350,000 represented a fair market value for the property.
• The size, condition, and specification of 12 IFIELD CLOSE has not materially changed since February 2007.

Where is 12 IFIELD CLOSE?

12 IFIELD CLOSE is located in REDHILL, in the RH1 postcode district.