£1,503,504
This estimated value is based upon the latest sale price for the house of £1,310,000 on 18 Dec 2020. 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 |
|---|---|
| £1,310,000 | 18 Dec 2020 |
| £810,000 | 30 Mar 2016 |
| Detached |
| Freehold |
| Floor Area: 149 sq meters or 1,603 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 December 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 14.771%.Applying this 14.771% change to the original purchase price of £1,310,000 results in an estimated price of approximately £1,503,504.
| 18 Dec 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 148.6 | 14.771 % | £1,310,000 | £193,504 | £1,503,504 |
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 | 37.900 % | £496,484 | £1,806,484 |
| 3 Month Average | -23.101 % | £-302,628 | £1,007,371 |
| 6 Month Average | 9.481 % | £124,202 | £1,434,202 |
| 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 149 sq meters or 1,603 sq feet when measured on 25 Jan 2018. Using an estimated price of £1,503,505 means this house is valued at £10,090 per sq meter (£937 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 | |
| Dec 2023 | Anti-social behaviour | On or near Burford Lane |