£457,126
This estimated value is based upon the latest sale price for the house of £122,000 on 21 Jul 2000. 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 |
|---|---|
| £122,000 | 21 Jul 2000 |
| £68,000 | 15 Jan 1997 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 77 sq meters or 828 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 2000 the House Price Index for SURREY was 40.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 274.694%.Applying this 274.694% change to the original purchase price of £122,000 results in an estimated price of approximately £457,126.
| 21 Jul 2000 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.0 | 149.7 | 274.694 % | £122,000 | £335,126 | £457,126 |
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 | 228.312 % | £278,540 | £400,540 |
| 3 Month Average | 240.458 % | £293,358 | £415,358 |
| 6 Month Average | 239.565 % | £292,269 | £414,269 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Oct 2023 | £409,296 | £400,000 | 48 PARSONSFIELD ROAD |
| 26 Aug 2022 | £421,973 | £420,000 | 4 ROWAN CLOSE |
| 8 Jul 2022 | £426,776 | £422,500 | 144 NORK WAY |
| 23 Jun 2022 | £398,519 | £390,000 | 154 NORK WAY |
| 30 May 2022 | £426,101 | £415,000 | 156 NORK WAY |
This house has a floor area of 77 sq meters or 828 sq feet when measured on 22 Feb 2014. Using an estimated price of £457,126 means this house is valued at £5,936 per sq meter (£551 per sq foot).
The average size of a house on NORK WAY is 128 sq meters (1,386 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Under investigation | On or near Beacon Close |
| Jun 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Beacon Close |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Beacon Close |
| Jun 2024 | Public order | Investigation complete; no suspect identified | On or near Beacon Close |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Nork Rise |