£815,006
This estimated value is based upon the latest sale price for the house of £317,500 on 15 Nov 2002. This value is then adjusted by the current Official House Price Index for SURREY 1
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9 Nork Way, Banstead, Surrey,, SM7 1NT
Phone: 01737483619
| Price Paid | Date |
|---|---|
| £317,500 | 15 Nov 2002 |
| Detached |
| Freehold |
This model uses changes in the Official Land Registry House Price Index for SURREY to estimate the market value.
When this house was purchased in November 2002 the House Price Index for SURREY was 57.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 156.695%.Applying this 156.695% change to the original purchase price of £317,500 results in an estimated price of approximately £815,006.
| 15 Nov 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 57.9 | 148.6 | 156.695 % | £317,500 | £497,506 | £815,006 |
The Postcode Pricing Model uses changes in average sales price within the SM7 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 221.825 % | £704,293 | £1,021,793 |
| 3 Month Average | 84.503 % | £268,298 | £585,798 |
| 6 Month Average | 148.181 % | £470,473 | £787,973 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £539,438 | £530,000 | 13 CYPRESS WAY |
| 30 Jun 2023 | £738,951 | £730,000 | 7 GERALDS GROVE |
| 30 Jun 2023 | £744,012 | £735,000 | 3 GERALDS GROVE |
| 25 Nov 2022 | £1,086,835 | £1,100,000 | 11 WALNUT GROVE |
| 3 Mar 2022 | £1,010,356 | £975,000 | 1A SYCAMORE RISE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near High Beeches | |
| Feb 2024 | Anti-social behaviour | On or near High Beeches | |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Pine Place |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cypress Way |
| Jan 2024 | Other theft | Under investigation | On or near Gerald'S Grove |