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Chipstead and Woodmansterne House Prices

The average house price in Chipstead and Woodmansterne is £845,000 using HM Land Registry data.

The average property price increased by £144,846 (22.18%) over the last 5 years and increased by £28,949 (3.76%) over the last 12 months.

Over the last year, there were 50 residential property sales – a decrease of 32 transactions (-64.00%) relative to the previous year. The majority of house sales (14) were in the £360,000 - £534,000 range. Then came properties in the £534,000 - £708,000 range, where 13 were sold within this price bracket.

Excluding fall throughs, properties are taking an average of 23 days to sell (from being listed to completion) and the average difference between asking and sold prices is £-17,025 (-2%).

In April 2024, there were 17 new estate agency instructions, 8 agreed home sales and 6 property price reductions.

5-Year Average Property Prices in Chipstead and Woodmansterne

22.18%

Property prices in Chipstead and Woodmansterne increased by 22.18% in last 5 years.

The trend shows the general price tendency over the last 5 years, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

We have used linear regression method. The volume of sales in a month is used to put more weight on months with a larger number of properties sold. Additionally, weighting decreases the impact of months with low sales volumes as well as the most recent month - which may consist of incomplete data. Such months have a higher variation of average sale values which may conceal the underlying trend.

From a statistical perspective, we use the least squares method to fit the trend line and weights are equal to the volume of sales squared. The volume of sales is not shown explicitly in the above plot. Also note the time lag for HM Land Registry data to appear (typically 2 to 3 months).

Average Property Prices in Chipstead and Woodmansterne Over the Last Year

3.76%

Property prices in Chipstead and Woodmansterne increased by 3.76% in last 12 months.

The trend shows the general price tendency over the last 12 months, ignoring all month-to-month fluctuations where anomalies - typically over or underpriced property sales - can skew results. These monthly variations typically do not have any long-term relevance.

Property Market Heat Gauge for Chipstead and Woodmansterne - April 2024

Our Property Market Heat Gauge looks at how long properties in your postcode district have been on the open market before being changed to sold 'Subject to Contract' ('STC') or 'Under Offer' on Rightmove (the UK's leading property portal).

At 21 to 40 days, the broad evidence suggests that properties are selling reasonably quickly after being initially advertised and the market is reasonably healthy. If you are prepared to wait to up to 6 weeks, and you are sure that your property is priced realistically, you should get an offer within this timeframe.

Please note that this is not an indicator of how quickly property sales are taking to complete (i.e. to go through the whole conveyancing process). This measurement also does not take into account the risk of home sales falling through.

No. of New Instructions Over the Last 12 Months in Chipstead and Woodmansterne

Using local estate agency reported data, this chart illustrates the number of properties that have come on to the market.

No. of Agreed Home Sales Over the Last 12 Months in Chipstead and Woodmansterne

Using local estate agency reported data, this chart illustrates the number of property sales agreed. Note that these figures are not fully reflective of properties completed (sold and registered as such at HM Land Registry).

No. of Properties with Price Reductions in Chipstead and Woodmansterne

Using local estate agency reported data, this chart illustrates the number of properties which have been seen their prices dropped (typically due to a lack of buyer interest).

Average Annual House Prices in the Chipstead and Woodmansterne since 1995

Using HM Land Registry data, this chart displays average annual house prices in the Chipstead and Woodmansterne area since 1995.

Recent Property Sales in Chipstead and Woodmansterne

Address	Initial Price	Sold Price	Price Change	First Listed Date	Sold Date	Days to Sell
8 Outwood Lane, Chipstead, Coulsdon, Surrey, CR5 3NA	£700,000	£700,000	£00	21 Dec 2023	02 Feb 2024	43 Days
166 Chipstead Way, Woodmansterne, Banstead, Surrey, SM7 3JS	£475,000	£470,000	-£5,000	13 Apr 2023	13 Oct 2023	183 Days
Briarbanks, Outwood Lane, Chipstead, Coulsdon, Surrey, CR5 3NL	£850,000	£850,000	£00	18 Apr 2023	12 Oct 2023	177 Days
7 Pine Walk, Banstead, Surrey, SM7 3QA	£585,000	£552,000	-£33,000	17 May 2023	25 Aug 2023	100 Days
107 Chipstead Way, Woodmansterne, Banstead, Surrey, SM7 3JJ	£550,000	£545,000	-£5,000	11 May 2023	22 Aug 2023	103 Days
261 Chipstead Way, Woodmansterne, Banstead, Surrey, SM7 3JW	£660,000	£650,000	-£10,000	24 Jul 2023	22 Aug 2023	29 Days
1 Prestbury Crescent, Banstead, Surrey, SM7 3PJ	£675,000	£675,000	£00	08 Mar 2023	17 Aug 2023	162 Days
24 Carshalton Road, Banstead, Surrey, SM7 3HR	£435,000	£430,000	-£5,000	05 Apr 2023	07 Aug 2023	124 Days
4 Lackford Road, Chipstead, Coulsdon, Surrey, CR5 3TA	£612,500	£607,500	-£5,000	29 Oct 2022	28 Jul 2023	272 Days
Bella Vista, Coulsdon Lane, Chipstead, Coulsdon, Surrey, CR5 3QJ	£1,300,000	£1,230,000	-£70,000	23 Mar 2023	28 Jul 2023	127 Days
Outwood Cottage, Outwood Lane, Chipstead, Coulsdon, Surrey, CR5 3NF	£900,000	£890,000	-£10,000	10 May 2023	20 Jul 2023	71 Days
8 Pine Walk, Banstead, Surrey, SM7 3PY	£700,000	£693,000	-£7,000	02 Nov 2022	05 May 2023	184 Days
77 Rectory Lane, Banstead, Surrey, SM7 3PE	£525,000	£505,000	-£20,000	27 Jan 2023	03 May 2023	96 Days
Lamorna Lodge, High Road, Chipstead, Coulsdon, Surrey, CR5 3QP	£875,000	£825,000	-£50,000	21 Sep 2022	28 Apr 2023	219 Days
4 Prestbury Crescent, Banstead, Surrey, SM7 3PJ	£500,000	£500,000	£00	16 Jan 2023	13 Apr 2023	87 Days
6a, Chipstead Station Parade, Chipstead, Coulsdon, Surrey, CR5 3TE	£295,000	£295,000	£00	22 Nov 2021	05 Apr 2023	499 Days
20 Outwood Lane, Chipstead, Coulsdon, Surrey, CR5 3NA	£735,000	£705,000	-£30,000	30 Jul 2022	03 Mar 2023	216 Days
8 Highwold, Chipstead, Coulsdon, Surrey, CR5 3LG	£815,000	£795,000	-£20,000	02 Dec 2022	20 Feb 2023	80 Days
219 Chipstead Way, Woodmansterne, Banstead, Surrey, SM7 3JN	£600,000	£600,000	£00	20 Sep 2022	31 Jan 2023	133 Days
54 Carshalton Road, Banstead, Surrey, SM7 3HR	£525,000	£515,000	-£10,000	12 Sep 2022	13 Jan 2023	123 Days

Most Expensive Streets in Chipstead and Woodmansterne

Postcode	Street	Area	Average	No. of Sales
CR5 3QJ	Coulsdon Lane	Chipstead	£1,461,666	3
CR5 3LX	Bouverie Road	Chipstead	£1,386,600	5
CR5 3LQ	Hollymead Road	Chipstead	£1,348,500	5
CR5 3QQ	High Road	Chipstead	£1,323,500	5
CR5 3PQ	Walpole Avenue	Chipstead	£1,205,000	4
SM7 3LJ	Highfield	Banstead	£1,154,224	4
CR5 3LG	Highwold	Chipstead	£976,962	7
CR5 3QW	Hazelwood Lane	Chipstead	£895,625	4
CR5 3NL	Outwood Lane	Chipstead	£886,666	3
CR5 3PG	Old Oak Avenue	Chipstead	£881,562	8

Least Expensive Streets in Chipstead and Woodmansterne

Postcode	Street	Area	Average	No. of Sales
CR5 3TD	Graphic House	Station Approach	£267,500	3
SM7 3HT	Merrymeet	Banstead	£307,500	3
SM7 3JY	Lakers Rise	Banstead	£391,055	9
SM7 3PG	Hempshaw Avenue	Banstead	£463,750	4
SM7 3PE	Rectory Lane	Banstead	£488,333	3
CR5 3LU	Goldfinch House	Outwood Lane	£491,388	18
SM7 3PJ	Prestbury Crescent	Banstead	£492,222	9
SM7 3PN	Manor Way	Banstead	£496,000	5
SM7 3JJ	Chipstead Way	Woodmansterne	£496,750	6
CR5 3PJ	Hazel Way	Chipstead	£502,425	14