£1,163,797
This estimated value is based upon the latest sale price for the house of £874,000 on 1 Jul 2016. 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 |
---|---|
£874,000 | 1 Jul 2016 |
£575,000 | 31 Mar 2015 |
Detached |
Freehold |
Floor Area: 190 sq meters or 2,045 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 July 2016 the House Price Index for SURREY was 111.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.158%.Applying this 33.158% change to the original purchase price of £874,000 results in an estimated price of approximately £1,163,797.
1 Jul 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 148.6 | 33.158 % | £874,000 | £289,797 | £1,163,797 |
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 | 24.466 % | £213,830 | £1,087,830 |
3 Month Average | 16.031 % | £140,112 | £1,014,112 |
6 Month Average | 43.731 % | £382,210 | £1,256,210 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
11 Aug 2023 | £771,752 | £765,000 | 77 WARREN ROAD |
28 Apr 2023 | £909,796 | £900,000 | 59 ROUNDWOOD WAY |
25 Nov 2022 | £1,086,835 | £1,100,000 | 11 WALNUT GROVE |
26 May 2022 | £764,403 | £750,000 | 5 BLUE CEDARS |
1 Apr 2022 | £942,266 | £915,000 | 62 ROUNDWOOD WAY |
This house has a floor area of 190 sq meters or 2,045 sq feet when measured on 10 Feb 2016. Using an estimated price of £1,163,798 means this house is valued at £6,125 per sq meter (£569 per sq foot).
The average size of a house on WARREN ROAD is 118 sq meters (1,274 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jan 2024 | Other theft | Under investigation | On or near Gerald'S Grove |
Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shelley Close |
Feb 2024 | Anti-social behaviour | On or near High Beeches | |
Feb 2024 | Anti-social behaviour | On or near High Beeches | |
Mar 2024 | Violence and sexual offences | Under investigation | On or near Parsonsfield Road |