£1,214,019
This estimated value is based upon the latest sale price for the house of £1,050,000 on 15 Dec 2020. 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 |
|---|---|
| £1,050,000 | 15 Dec 2020 |
| £595,000 | 1 Dec 2006 |
| Detached |
| Freehold |
| Floor Area: 161 sq meters or 1,732 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 December 2020 the House Price Index for GREATER LONDON was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £1,050,000 results in an estimated price of approximately £1,214,019.
| 15 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £1,050,000 | £164,019 | £1,214,019 |
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 | -39.895 % | £-418,897 | £631,102 |
| 3 Month Average | -2.389 % | £-25,088 | £1,024,911 |
| 6 Month Average | -6.168 % | £-64,759 | £985,240 |
| 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 |
| 28 Apr 2023 | £1,159,691 | £1,138,000 | 37 GILHAMS AVENUE |
| 21 Apr 2023 | £1,159,691 | £1,138,000 | LAND ADJOINING, 37 GILHAMS AVENUE |
This house has a floor area of 161 sq meters or 1,732 sq feet when measured on 24 Aug 2020. Using an estimated price of £1,214,020 means this house is valued at £7,540 per sq meter (£700 per sq foot).
The average size of a house on BANSTEAD ROAD is 218 sq meters (2,353 sq feet).
| 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 |