Average Price for property in Banstead is around £523,467 which varies based on type of property you are interested in and ranges from £734,469 for detached house to around £458,818 for semi-detached. Similarly terraced house is around £375,513 and a flat is worth £291,864. Values have been changing and have risen £4,500 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £10,175 in last 6 months, £36,981 in last 1 year, £81,698 in last 2 years, £80,691 in last 3 years, £85,539 in last 4 years and £88,585 in last 5 years.
Currently average asking price of a property in Banstead is around £548,175 based on approximately 307 properties for sale. Same is the case with rental options based on 25 properties up for rent, average asking rent is around £2,042 per month.
Estimated property value in Banstead is £523,467. Average asking price is £548,175 while average price paid is £443,698 which is up by £36,981 and Avg. asking rent £2,042.Based on an Online Survey
Buyers are willing to pay high dollar prices to grab these properties because of the recent trend in real estate investment especially in Banstead area. In last 1 year alone average price buyer paid is around £443,698 based on approximately 307 sales in Banstead area alone. If you compare it to last 3 years sales of 881 properties where buyers paid around £413,492. It has been same for some time now for e.g. if you take an average of amount paid in last 5 years, it comes to around £404,361 for 1,427 and average amount paid for purchase of approx. 1,900 properties sold in last 7 years comes to about £393,412 per sale.