£1,624,508
This estimated value is based upon the latest sale price for the house of £1,085,000 on 25 Nov 2014. 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 |
---|---|
£1,085,000 | 25 Nov 2014 |
£690,000 | 3 Mar 2005 |
£325,000 | 19 Jul 1996 |
£315,000 | 3 May 1995 |
Detached |
Freehold |
Floor Area: 257 sq meters or 2,766 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 November 2014 the House Price Index for SURREY was 99.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 49.724%.Applying this 49.724% change to the original purchase price of £1,085,000 results in an estimated price of approximately £1,624,508.
25 Nov 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
99.2 | 148.6 | 49.724 % | £1,085,000 | £539,508 | £1,624,508 |
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 | 77.853 % | £844,706 | £1,929,706 |
3 Month Average | 5.650 % | £61,301 | £1,146,301 |
6 Month Average | 52.438 % | £568,953 | £1,653,953 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
28 Apr 2023 | £657,075 | £650,000 | 76 HIGH BEECHES |
25 Nov 2022 | £1,086,835 | £1,100,000 | 11 WALNUT GROVE |
26 May 2022 | £764,403 | £750,000 | 5 BLUE CEDARS |
3 Mar 2022 | £1,010,356 | £975,000 | 1A SYCAMORE RISE |
8 Jun 2021 | £697,401 | £650,000 | 64 HIGH BEECHES |
This house has a floor area of 257 sq meters or 2,766 sq feet when measured on 5 Aug 2014. Using an estimated price of £1,624,508 means this house is valued at £6,321 per sq meter (£587 per sq foot).
The average size of a house on FIR TREE ROAD is 161 sq meters (1,737 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Dec 2023 | Vehicle crime | Under investigation | On or near Blue Cedars |
Feb 2024 | Anti-social behaviour | On or near High Beeches | |
Feb 2024 | Anti-social behaviour | On or near High Beeches | |
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cypress Way |
Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Pine Place |