£951,987
This estimated value is based upon the latest sale price for the house of £600,000 on 1 Jun 2007. This value is then adjusted by the current Official House Price Index for GREATER LONDON 1
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9 Nork Way, Banstead, Surrey,, SM7 1NT
Phone: 01737483619
Price Paid | Date |
---|---|
£600,000 | 1 Jun 2007 |
£500,000 | 15 Feb 2007 |
Detached |
Freehold |
Floor Area: 214 sq meters or 2,303 sq feet |
This model uses changes in the Official Land Registry House Price Index for GREATER LONDON to estimate the market value.
When this house was purchased in June 2007 the House Price Index for GREATER LONDON was 93.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.665%.Applying this 58.665% change to the original purchase price of £600,000 results in an estimated price of approximately £951,987.
1 Jun 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.7 | 148.6 | 58.665 % | £600,000 | £351,987 | £951,987 |
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 | 151.215 % | £907,290 | £1,507,290 |
3 Month Average | 47.073 % | £282,439 | £882,439 |
6 Month Average | 104.123 % | £624,737 | £1,224,737 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Nov 2023 | £1,446,414 | £1,425,000 | 64 HIGHER DRIVE |
31 Jul 2023 | £1,196,098 | £1,180,000 | 52 HIGHER DRIVE |
27 Jul 2023 | £1,013,643 | £1,000,000 | 151 BANSTEAD ROAD |
9 Jun 2023 | £1,042,629 | £1,030,000 | 153 BANSTEAD ROAD |
6 Jan 2023 | £1,194,374 | £1,200,000 | 98 HIGHER DRIVE |
This house has a floor area of 214 sq meters or 2,303 sq feet when measured on 14 Jul 2020. Using an estimated price of £951,987 means this house is valued at £4,448 per sq meter (£413 per sq foot).
The average size of a house on HIGHER DRIVE is 252 sq meters (2,719 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cypress Way |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Pine Place |
Feb 2024 | Anti-social behaviour | On or near High Beeches | |
Feb 2024 | Anti-social behaviour | On or near High Beeches | |
Jan 2024 | Other theft | Under investigation | On or near Gerald'S Grove |