37, CHILBERTON DRIVE, MERSTHAM, REDHILL, RH1 3HL - £317,500

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.

37 CHILBERTON DRIVE is a midsized terraced house of 86m², built sometime between 1967 and 1975, which could now be worth an estimated £369,607. It was last sold for £317,500 in July 2020, which was around 14% below the average July 2020 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was September 2019, where the current energy rating was C, and the potential energy rating was B.

37 CHILBERTON DRIVE Sold Prices

Land registry data shows four sales for 37 CHILBERTON DRIVE since 1^st January 1995. The below table shows the price paid for the four sales, along with the average terraced price in the Reigate and Banstead local authority area for the corresponding sale date. All of the four 37 CHILBERTON DRIVE 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
2020 17 JUL	£317,500	£369,373	14% below HPI
2007 19 NOV	£234,000	£248,986	6% below HPI
2007 19 NOV	£234,000	£248,986	6% below HPI
1997 18 JUL	£77,000	£79,201	3% below HPI

What might 37 CHILBERTON DRIVE be worth now?

37 CHILBERTON DRIVE might now be worth an estimated £369,607.

This is based on house price inflation of 16.4%, between July 2020 and May 2026, for terraced 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 16.4% inflationary increase is applied to the most recent sale price for 37 CHILBERTON DRIVE of £317,500 on 17th July 2020. For the value to have increased from £317,500 to £369,607 over the six years and two months to May 2026, the following assumptions must hold true:

• The value of 37 CHILBERTON DRIVE has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The July 2020 sale price of £317,500 represented a fair market value for the property.
• The size, condition, and specification of 37 CHILBERTON DRIVE has not materially changed since July 2020.

How Large is 37 CHILBERTON DRIVE?

37 CHILBERTON DRIVE is 86m² according to the EPC inspection conducted in September 2019. This puts it in the largest 50% of terraced houses in South Merstham, based on EPC data. The below chart shows the distribution of terraced houses by size in South Merstham, and where 37 CHILBERTON DRIVE lies on this distribution: 54% of terraced houses are smaller than 37 CHILBERTON DRIVE, and 43% of terraced houses are larger. Note that EPC data is not available for all properties in South Merstham.

37 CHILBERTON DRIVE: Plot

37 CHILBERTON DRIVE sits on a plot of roughly 0.044 of an acre, or 180m².

Where is 37 CHILBERTON DRIVE?

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