27, CHILBERTON DRIVE, MERSTHAM, REDHILL, RH1 3HL - £307,500

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.

27 CHILBERTON DRIVE is a very large flat of 82m², built sometime between 1950 and 1966, which could now be worth an estimated £297,709. It was last sold for £307,500 in October 2023, which was around 10% above the average October 2023 flat price in the Reigate and Banstead local authority area. The most recent EPC inspection was April 2023, where the current energy rating was C, and the potential energy rating was C.

27 CHILBERTON DRIVE Sold Prices

Land registry data shows two sales for 27 CHILBERTON DRIVE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average flat price in the Reigate and Banstead local authority area for the corresponding sale date. One of the two 27 CHILBERTON DRIVE sales was for above the average price, whilst the other was 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
2023 20 OCT	£307,500	£278,543	10% above HPI
2010 25 JUN	£152,000	£183,338	17% below HPI

What might 27 CHILBERTON DRIVE be worth now?

27 CHILBERTON DRIVE might now be worth an estimated £297,709.

This is based on house price deflation of 3.2%, between October 2023 and May 2026, for flats, 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 3.2% deflationary decrease is applied to the most recent sale price for 27 CHILBERTON DRIVE of £307,500 on 20th October 2023. For the value to have decreased from £307,500 to £297,709 over the three years and five months to May 2026, the following assumptions must hold true:

• The value of 27 CHILBERTON DRIVE has moved in line with the HPI for flats in the Reigate and Banstead local authority area.
• The October 2023 sale price of £307,500 represented a fair market value for the property.
• The size, condition, and specification of 27 CHILBERTON DRIVE has not materially changed since October 2023.

How Large is 27 CHILBERTON DRIVE?

27 CHILBERTON DRIVE is 82m² according to the EPC inspection conducted in April 2023. This puts it in the largest 20% of flats in South Merstham, based on EPC data. 86% of flats are smaller than 27 CHILBERTON DRIVE, and 13% of flats are larger. Note that EPC data is not available for all properties in South Merstham.

27 CHILBERTON DRIVE: Plot

27 CHILBERTON DRIVE sits on a plot of roughly 0.213 of an acre, or 863m².

Where is 27 CHILBERTON DRIVE?

27 CHILBERTON DRIVE is located in MERSTHAM, in the RH1 postcode district.