19, THE CLOSE, REIGATE, RH2 7BN - £425,000

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.

19 THE CLOSE is a detached house, which could now be worth an estimated £733,801. It was last sold for £425,000 in October 2007, which was around 20% below the average October 2007 detached price in the Reigate and Banstead local authority area.

19 THE CLOSE Sold Prices

Land registry data shows two sales for 19 THE CLOSE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 19 THE 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 29 OCT	£425,000	£533,435	20% below HPI
1996 17 SEP	£124,500	£162,136	23% below HPI

What might 19 THE CLOSE be worth now?

19 THE CLOSE might now be worth an estimated £733,801.

This is based on house price inflation of 72.7%, between October 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 72.7% inflationary increase is applied to the most recent sale price for 19 THE CLOSE of £425,000 on 29th October 2007. For the value to have increased from £425,000 to £733,801 over the nineteen years and five months to May 2026, the following assumptions must hold true:

• The value of 19 THE CLOSE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The October 2007 sale price of £425,000 represented a fair market value for the property.
• The size, condition, and specification of 19 THE CLOSE has not materially changed since October 2007.

Where is 19 THE CLOSE?

19 THE CLOSE is located in REIGATE, in the RH2 postcode district.