Average Price for property in South Drive, Banstead, SM7 is around £598,575 e.g. average price for detached house is around 598,575. Values have been changing and have risen £8,375 in last 3 months alone. Similar historical trend can be observed in price changes e.g. prices changed £25,447 in last 6 months, £65,249 in last 1 year, £110,784 in last 2 years, £116,740 in last 3 years, £133,432 in last 4 years and £121,256 in last 5 years.
Currently average asking price of a property in South Drive, Banstead, SM7 is around £546,072 based on approximately 1 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 South Drive, Banstead, SM7 is £598,575. Average asking price is £546,072 while average price paid is £545,000 which is up by £65,249 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 South Drive, Banstead, SM7 area. In last 1 year alone average price buyer paid is around £545,000 based on approximately 1 sales in South Drive, Banstead, SM7 area alone. If you compare it to last 3 years sales of 2 properties where buyers paid around £467,500. 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 £428,750 for 4 and average amount paid for purchase of approx. 6 properties sold in last 7 years comes to about £465,000 per sale.