£671,457
This estimated value is based upon the latest sale price for the house of £500,000 on 20 May 2016. This value is then adjusted by the current Official House Price Index for SURREY 1
There has been one burglary within the last year on or near Nork Gardens
More crime details
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9 Nork Way, Banstead, Surrey,, SM7 1NT
Phone: 01737483619
| Price Paid | Date |
|---|---|
| £500,000 | 20 May 2016 |
| Terraced |
| 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 May 2016 the House Price Index for SURREY was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £500,000 results in an estimated price of approximately £671,457.
| 20 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.7 | 148.6 | 34.292 % | £500,000 | £171,457 | £671,457 |
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 | 80.766 % | £403,832 | £903,832 |
| 3 Month Average | 7.799 % | £38,996 | £538,996 |
| 6 Month Average | 36.758 % | £183,789 | £683,789 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Dec 2023 | £391,856 | £385,000 | 21 WILLOW CLOSE |
| 14 Nov 2023 | £786,646 | £775,000 | 6 NORK GARDENS |
| 3 Nov 2023 | £634,392 | £625,000 | 8 NORK GARDENS |
| 11 Jan 2023 | £796,249 | £800,000 | 53 NORK WAY |
| 15 Sep 2022 | £897,750 | £905,000 | 2 HAWTHORN CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Nork Gardens |
| Jan 2024 | Burglary | Awaiting court outcome | On or near Nork Gardens |
| Dec 2023 | Vehicle crime | Under investigation | On or near Willow Close |
| Dec 2023 | Vehicle crime | Under investigation | On or near Willow Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Supermarket |