£1,104,459
This estimated value is based upon the latest sale price for the house of £990,000 on 20 Aug 2021. 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 |
|---|---|
| £990,000 | 20 Aug 2021 |
| £660,000 | 18 Feb 2013 |
| £430,000 | 8 Dec 2004 |
| Detached |
| Freehold |
| Floor Area: 151 sq meters or 1,633 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 August 2021 the House Price Index for GREATER LONDON was 133.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 11.562%.Applying this 11.562% change to the original purchase price of £990,000 results in an estimated price of approximately £1,104,459.
| 20 Aug 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.2 | 148.6 | 11.562 % | £990,000 | £114,459 | £1,104,459 |
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 | 66.953 % | £662,832 | £1,652,832 |
| 3 Month Average | -15.965 % | £-158,048 | £831,951 |
| 6 Month Average | 14.057 % | £139,162 | £1,129,162 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Jul 2023 | £304,093 | £300,000 | 207A BANSTEAD ROAD |
| 28 Apr 2023 | £1,150,386 | £1,138,000 | 37 GILHAMS AVENUE |
| 21 Apr 2023 | £1,150,386 | £1,138,000 | LAND ADJOINING, 37 GILHAMS AVENUE |
| 24 Mar 2023 | £731,895 | £725,000 | 31 GILHAMS AVENUE |
| 5 Sep 2022 | £987,029 | £995,000 | 180 BANSTEAD ROAD |
This house has a floor area of 151 sq meters or 1,633 sq feet when measured on 9 Sep 2011. Using an estimated price of £1,104,460 means this house is valued at £7,275 per sq meter (£675 per sq foot).
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 |
| Mar 2024 | Anti-social behaviour | On or near Cuddington Park Close | |
| 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 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sports/Recreation Area |