38, MONTFORT RISE, REDHILL, RH1 5DU - £379,000

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.

38 MONTFORT RISE is a very small extended detached house of 92m², built sometime between 1967 and 1975, which could now be worth an estimated £427,305. It was last sold for £379,000 in November 2017, which was around 52% below the average November 2017 detached price in the Reigate and Banstead local authority area. The most recent EPC inspection was August 2022, where the current energy rating was C, and the potential energy rating was B.

38 MONTFORT RISE Sold Prices

Land registry data shows two sales for 38 MONTFORT RISE since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Reigate and Banstead local authority area for the corresponding sale date. Both of the two 38 MONTFORT RISE sales 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
2017 9 NOV	£379,000	£797,035	52% below HPI
2003 12 NOV	£230,000	£410,507	44% below HPI

38 MONTFORT RISE Price Paid vs. HPI Average

The below graph shows the average detached house price in the Reigate and Banstead local authority area over time, sourced from the HPI. The two 38 MONTFORT RISE sales from November 2003 and November 2017 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the November 2003 sale was for 44% below the HPI. So the extrapolation line tracks at 44% below the HPI over time, until the November 2017 sale, where it falls to 52% below the HPI. The line then continues to track at 52% below the HPI.

What might 38 MONTFORT RISE be worth now?

38 MONTFORT RISE might now be worth an estimated £427,305.

This is based on house price inflation of 12.7%, between November 2017 and February 2025, for detached 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 12.7% inflationary increase is applied to the most recent sale price for 38 MONTFORT RISE of £379,000 on 9th November 2017. For the value to have increased from £379,000 to £427,305 over the eight years and nine months to February 2025, the following assumptions must hold true:

• The value of 38 MONTFORT RISE has moved in line with the HPI for detached houses in the Reigate and Banstead local authority area.
• The November 2017 sale price of £379,000 represented a fair market value for the property.
• The size, condition, and specification of 38 MONTFORT RISE has not materially changed since November 2017.

How Large is 38 MONTFORT RISE?

38 MONTFORT RISE is 92m², which includes three extensions, according to the EPC inspection conducted in August 2022. This puts it in the smallest 20% of detached houses houses in Salfords, based on EPC data. The below chart shows the distribution of detached houses houses by size in Salfords, and where 38 MONTFORT RISE lies on this distribution: 18% of detached houses houses are smaller than 38 MONTFORT RISE, and 82% of houses are larger. Note that EPC data is not available for all properties in Salfords.

38 MONTFORT RISE: Plot and Title Map

38 MONTFORT RISE sits on a plot of roughly 0.066 of an acre, or 269m². The below map shows the location of 38 MONTFORT RISE, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 38 MONTFORT RISE). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 38 MONTFORT RISE?

38 MONTFORT RISE is located in REDHILL, in the RH1 postcode district. The below map shows the position of No. 38 on MONTFORT RISE.