£646,755
This estimated value is based upon the latest sale price for the house of £405,000 on 10 May 2007. 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 |
---|---|
£405,000 | 10 May 2007 |
Detached |
Freehold |
Floor Area: 116 sq meters or 1,248 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 May 2007 the House Price Index for SURREY was 93.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 59.693%.Applying this 59.693% change to the original purchase price of £405,000 results in an estimated price of approximately £646,755.
10 May 2007 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
93.1 | 148.6 | 59.693 % | £405,000 | £241,755 | £646,755 |
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 | 115.766 % | £468,853 | £873,853 |
3 Month Average | 75.887 % | £307,342 | £712,342 |
6 Month Average | 98.018 % | £396,972 | £801,972 |
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 |
This house has a floor area of 116 sq meters or 1,248 sq feet when measured on 13 Jun 2013. Using an estimated price of £646,756 means this house is valued at £5,575 per sq meter (£517 per sq foot).
The average size of a house on ACACIA DRIVE is 164 sq meters (1,769 sq feet).
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 |