48, POUND ROAD, BANSTEAD, SM7 2HT - £277,000

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.

48 POUND ROAD is a small flat of 61m², built sometime between 1950 and 1966, which could now be worth an estimated £288,261. It was last sold for £277,000 in September 2021, which was around 7% above the average September 2021 flat price in the Reigate and Banstead local authority area. The most recent EPC inspection was October 2012, where the current energy rating was C, and the potential energy rating was C.

48 POUND ROAD Sold Prices

Land registry data shows four sales for 48 POUND ROAD since 1^st January 1995. The below table shows the price paid for the four sales, along with the average flat price in the Reigate and Banstead local authority area for the corresponding sale date. two of the four 48 POUND ROAD sales were for above the average price, and four 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
2021 17 SEP	£277,000	£259,139	7% above HPI
2017 19 APR	£268,000	£254,516	5% above HPI
2013 8 MAR	£172,500	£181,949	5% below HPI
2005 12 AUG	£135,000	£173,251	22% below HPI

What might 48 POUND ROAD be worth now?

48 POUND ROAD might now be worth an estimated £288,261.

This is based on house price inflation of 4.1%, between September 2021 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 4.1% inflationary increase is applied to the most recent sale price for 48 POUND ROAD of £277,000 on 17th September 2021. For the value to have increased from £277,000 to £288,261 over the five years and four months to May 2026, the following assumptions must hold true:

• The value of 48 POUND ROAD has moved in line with the HPI for flats in the Reigate and Banstead local authority area.
• The September 2021 sale price of £277,000 represented a fair market value for the property.
• The size, condition, and specification of 48 POUND ROAD has not materially changed since September 2021.

How Large is 48 POUND ROAD?

48 POUND ROAD is 61m² according to the EPC inspection conducted in October 2012. This puts it in the smallest 30% of flats in Banstead, based on EPC data. 25% of flats are smaller than 48 POUND ROAD, and 73% of flats are larger. Note that EPC data is not available for all properties in Banstead.

48 POUND ROAD: Plot

48 POUND ROAD sits on a plot of roughly 1.5 acres, or 5,883m².

Where is 48 POUND ROAD?

48 POUND ROAD is located in BANSTEAD, in the SM7 postcode district.