£1,538,796
This estimated value is based upon the latest sale price for the house of £477,000 on 16 Nov 2001. 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 |
|---|---|
| £477,000 | 16 Nov 2001 |
| Detached |
| Freehold |
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 2001 the House Price Index for GREATER LONDON was 46.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 222.599%.Applying this 222.599% change to the original purchase price of £477,000 results in an estimated price of approximately £1,538,796.
| 16 Nov 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 46.4 | 149.7 | 222.599 % | £477,000 | £1,061,796 | £1,538,796 |
The Postcode Pricing Model uses changes in average sales price within the KT17 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 | 54.374 % | £259,365 | £736,365 |
| 3 Month Average | 160.616 % | £766,138 | £1,243,138 |
| 6 Month Average | 154.784 % | £738,320 | £1,215,320 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £1,462,114 | £1,425,000 | 64 HIGHER DRIVE |
| 25 Oct 2023 | £1,074,402 | £1,050,000 | 161 BANSTEAD ROAD |
| 9 Jun 2023 | £1,051,063 | £1,030,000 | 153 BANSTEAD ROAD |
| 6 Jan 2023 | £1,203,215 | £1,200,000 | 98 HIGHER DRIVE |
| 5 Sep 2022 | £994,336 | £995,000 | 180 BANSTEAD ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Fairview |
| Jun 2024 | Other crime | Under investigation | On or near Beverley Close |
| Jun 2024 | Violence and sexual offences | Under investigation | On or near Beverley Close |
| May 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Chanton Drive |
| Apr 2024 | Anti-social behaviour | On or near Chanton Drive |