£1,211,198
This estimated value is based upon the latest sale price for the house of £725,000 on 15 Nov 2012. 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 |
|---|---|
| £725,000 | 15 Nov 2012 |
| £650,000 | 26 Sep 2011 |
| £334,000 | 29 May 2001 |
| Detached |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 November 2012 the House Price Index for GREATER LONDON was 87.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 67.062%.Applying this 67.062% change to the original purchase price of £725,000 results in an estimated price of approximately £1,211,198.
| 15 Nov 2012 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.8 | 146.7 | 67.062 % | £725,000 | £486,198 | £1,211,198 |
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 | 107.718 % | £780,951 | £1,505,951 |
| 3 Month Average | 34.310 % | £248,750 | £973,750 |
| 6 Month Average | 79.159 % | £573,902 | £1,298,902 |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 17 Aug 2015.
The average size of a house on GILHAMS AVENUE is 169 sq meters (1,825 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Under investigation | On or near Golf Side |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Cuddington Way |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cypress Way |
| Dec 2023 | Anti-social behaviour | On or near Sports/Recreation Area | |
| Dec 2023 | Anti-social behaviour | On or near Sports/Recreation Area |