£1,127,373
This estimated value is based upon the latest sale price for the house of £995,000 on 17 Dec 2020. 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 |
|---|---|
| £995,000 | 17 Dec 2020 |
| Detached |
| Freehold |
| Floor Area: 248 sq meters or 2,669 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 December 2020 the House Price Index for SURREY was 129.5.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 13.304%.Applying this 13.304% change to the original purchase price of £995,000 results in an estimated price of approximately £1,127,373.
| 17 Dec 2020 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 146.7 | 13.304 % | £995,000 | £132,373 | £1,127,373 |
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 | 37.900 % | £377,100 | £1,372,100 |
| 3 Month Average | -23.101 % | £-229,858 | £765,141 |
| 6 Month Average | 9.481 % | £94,337 | £1,089,337 |
This house has a floor area of 248 sq meters or 2,669 sq feet when measured on 10 Oct 2017.
The average size of a house on NORK WAY is 128 sq meters (1,386 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Shelley Close |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Nork Way |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Roundwood View |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Larchwood Close |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Burns Drive |