£318,860
This estimated value is based upon the latest sale price for the house of £213,000 on 21 Jan 2015. This value is then adjusted by the current Official House Price Index for SURREY 1
There has been one burglary within the last year on or near Eastgate
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9 Nork Way, Banstead, Surrey,, SM7 1NT
Phone: 01737483619
| Price Paid | Date |
|---|---|
| £213,000 | 21 Jan 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 64 sq meters or 688 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 January 2015 the House Price Index for SURREY was 100.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 49.700%.Applying this 49.700% change to the original purchase price of £213,000 results in an estimated price of approximately £318,860.
| 21 Jan 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.0 | 149.7 | 49.700 % | £213,000 | £105,860 | £318,860 |
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 | 43.889 % | £93,483 | £306,483 |
| 3 Month Average | 38.900 % | £82,856 | £295,856 |
| 6 Month Average | 41.077 % | £87,493 | £300,493 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £349,300 | £343,000 | 3A EASTGATE |
| 11 Jan 2023 | £802,143 | £800,000 | 53 NORK WAY |
| 15 Sep 2022 | £904,396 | £905,000 | 2 HAWTHORN CLOSE |
| 16 Aug 2022 | £1,015,750 | £1,011,000 | 59 NORK WAY |
| 16 Aug 2022 | £965,515 | £961,000 | 61 NORK WAY |
This house has a floor area of 64 sq meters or 688 sq feet when measured on 5 Aug 2014. Using an estimated price of £318,861 means this house is valued at £4,982 per sq meter (£462 per sq foot).
The average size of a house on EASTGATE is 72 sq meters (777 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Burglary | Under investigation | On or near Eastgate |
| Aug 2024 | Anti-social behaviour | On or near Eastgate | |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Eastgate |
| Aug 2024 | Anti-social behaviour | On or near Eastgate | |
| Jul 2024 | Public order | Under investigation | On or near Eastgate |