£714,922
This estimated value is based upon the latest sale price for the house of £485,000 on 3 Mar 2015. 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 |
|---|---|
| £485,000 | 3 Mar 2015 |
| £305,000 | 18 Jul 2005 |
| Terraced |
| Freehold |
| Floor Area: 85 sq meters or 914 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 March 2015 the House Price Index for SURREY was 100.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 47.407%.Applying this 47.407% change to the original purchase price of £485,000 results in an estimated price of approximately £714,922.
| 3 Mar 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 148.6 | 47.407 % | £485,000 | £229,922 | £714,922 |
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 | 76.377 % | £370,427 | £855,427 |
| 3 Month Average | 19.057 % | £92,427 | £577,427 |
| 6 Month Average | 55.288 % | £268,145 | £753,145 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Dec 2023 | £539,438 | £530,000 | 13 CYPRESS WAY |
| 1 Aug 2023 | £568,473 | £563,500 | 7 OSIER WAY |
| 19 Jun 2023 | £951,526 | £940,000 | 12 BURNS DRIVE |
| 28 Apr 2023 | £657,075 | £650,000 | 76 HIGH BEECHES |
| 26 May 2022 | £764,403 | £750,000 | 5 BLUE CEDARS |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 6 Aug 2014. Using an estimated price of £714,923 means this house is valued at £8,410 per sq meter (£781 per sq foot).
The average size of a house on POPLAR DRIVE is 128 sq meters (1,384 sq feet).
This house is the smallest in the street with a floor area of 85 sq meters (914 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cypress Way |
| Dec 2023 | Anti-social behaviour | On or near Osier Way | |
| Dec 2023 | Anti-social behaviour | On or near Osier Way | |
| Dec 2023 | Anti-social behaviour | On or near Osier Way | |
| Dec 2023 | Anti-social behaviour | On or near Osier Way |