£823,455
This estimated value is based upon the latest sale price for the house of £652,500 on 11 Oct 2017. 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 |
|---|---|
| £652,500 | 11 Oct 2017 |
| Detached |
| Freehold |
| Floor Area: 115 sq meters or 1,237 sq feet |
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 October 2017 the House Price Index for SURREY was 117.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 26.200%.Applying this 26.200% change to the original purchase price of £652,500 results in an estimated price of approximately £823,455.
| 11 Oct 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.7 | 148.6 | 26.200 % | £652,500 | £170,955 | £823,455 |
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 | 19.629 % | £128,081 | £780,581 |
| 3 Month Average | -18.292 % | £-119,355 | £533,144 |
| 6 Month Average | 20.983 % | £136,911 | £789,411 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Dec 2023 | £885,493 | £870,000 | 5 HIGH BEECHES |
| 3 Jul 2023 | £588,419 | £580,500 | 8 HIGH BEECHES |
| 30 Jun 2023 | £744,012 | £735,000 | 3 GERALDS GROVE |
| 30 Jun 2023 | £738,951 | £730,000 | 7 GERALDS GROVE |
| 24 Aug 2022 | £588,416 | £590,000 | 47 HIGH BEECHES |
This house has a floor area of 115 sq meters or 1,237 sq feet when measured on 19 Sep 2016. Using an estimated price of £823,455 means this house is valued at £7,160 per sq meter (£665 per sq foot).
The average size of a house on FIR TREE ROAD is 161 sq meters (1,737 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Under investigation | On or near Gerald'S Grove |
| 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 | |
| Dec 2023 | Vehicle crime | Under investigation | On or near Reigate Road |