2, THE DRIVE, BANSTEAD, SM7 1DB - £802,000

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 THE DRIVE is a semi-detached house, which could now be worth an estimated £928,743. It was last sold for £802,000 in August 2021, which was around 71% above the average August 2021 semi-detached price in the Reigate and Banstead local authority area.

2 THE DRIVE Sold Prices

Land registry data shows one sale for 2 THE DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average semi-detached price in the Reigate and Banstead local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2021 4 AUG	£802,000	£468,267	71% above HPI

What might 2 THE DRIVE be worth now?

2 THE DRIVE might now be worth an estimated £928,743.

This is based on house price inflation of 15.8%, between August 2021 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 15.8% inflationary increase is applied to the most recent sale price for 2 THE DRIVE of £802,000 on 4th August 2021. For the value to have increased from £802,000 to £928,743 over the five years and three months to May 2026, the following assumptions must hold true:

• The value of 2 THE DRIVE has moved in line with the HPI for semi-detached houses in the Reigate and Banstead local authority area.
• The August 2021 sale price of £802,000 represented a fair market value for the property.
• The size, condition, and specification of 2 THE DRIVE has not materially changed since August 2021.

Where is 2 THE DRIVE?

2 THE DRIVE is located in BANSTEAD, in the SM7 postcode district.