2, MAYFIELD CLOSE, REDHILL, RH1 5BB - £305,000

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.

2 MAYFIELD CLOSE is a semi-detached house, which could now be worth an estimated £622,889. It was last sold for £305,000 in October 2006, which was around 15% above the average October 2006 semi-detached price in the Reigate and Banstead local authority area.

2 MAYFIELD CLOSE Sold Prices

Land registry data shows four sales for 2 MAYFIELD CLOSE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four 2 MAYFIELD CLOSE sales were for above 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
2006 23 OCT	£305,000	£265,524	15% above HPI
2001 25 MAY	£203,000	£167,390	21% above HPI
1999 22 MAR	£155,000	£119,007	30% above HPI
1996 11 OCT	£105,000	£87,242	20% above HPI

What might 2 MAYFIELD CLOSE be worth now?

2 MAYFIELD CLOSE might now be worth an estimated £622,889.

This is based on house price inflation of 104.2%, between October 2006 and May 2026, for semi-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 104.2% inflationary increase is applied to the most recent sale price for 2 MAYFIELD CLOSE of £305,000 on 23rd October 2006. For the value to have increased from £305,000 to £622,889 over the twenty years and five months to May 2026, the following assumptions must hold true:

• The value of 2 MAYFIELD CLOSE has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The October 2006 sale price of £305,000 represented a fair market value for the property.
• The size, condition, and specification of 2 MAYFIELD CLOSE has not materially changed since October 2006.

Where is 2 MAYFIELD CLOSE?

2 MAYFIELD CLOSE is located in REDHILL, in the RH1 postcode district.