7, CHILBERTON DRIVE, MERSTHAM, REDHILL, RH1 3HL - £315,000

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.

7 CHILBERTON DRIVE is a midsized terraced house of 84m², built sometime between 1967 and 1975, which could now be worth an estimated £326,838. It was last sold for £315,000 in December 2023, which was around 24% below the average December 2023 terraced price in the Reigate and Banstead local authority area. The most recent EPC inspection was December 2022, where the current energy rating was D, and the potential energy rating was B.

7 CHILBERTON DRIVE Sold Prices

Land registry data shows one sale for 7 CHILBERTON DRIVE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average terraced 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
2023 8 DEC	£315,000	£414,419	24% below HPI

What might 7 CHILBERTON DRIVE be worth now?

7 CHILBERTON DRIVE might now be worth an estimated £326,838.

This is based on house price inflation of 3.8%, between December 2023 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 3.8% inflationary increase is applied to the most recent sale price for 7 CHILBERTON DRIVE of £315,000 on 8th December 2023. For the value to have increased from £315,000 to £326,838 over the three years and seven months to May 2026, the following assumptions must hold true:

• The value of 7 CHILBERTON DRIVE has moved in line with the HPI for terraced houses in the Reigate and Banstead local authority area.
• The December 2023 sale price of £315,000 represented a fair market value for the property.
• The size, condition, and specification of 7 CHILBERTON DRIVE has not materially changed since December 2023.

How Large is 7 CHILBERTON DRIVE?

7 CHILBERTON DRIVE is 84m² according to the EPC inspection conducted in December 2022. This puts it in the smallest 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 7 CHILBERTON DRIVE lies on this distribution: 44% of terraced houses are smaller than 7 CHILBERTON DRIVE, and 51% of terraced houses are larger. Note that EPC data is not available for all properties in South Merstham.

7 CHILBERTON DRIVE: Plot

7 CHILBERTON DRIVE sits on a plot of roughly 0.045 of an acre, or 184m².

Where is 7 CHILBERTON DRIVE?

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