£1,241,439
This estimated value is based upon the latest sale price for the house of £440,000 on 31 Jul 2002. 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 |
|---|---|
| £440,000 | 31 Jul 2002 |
| Detached |
| Freehold |
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 2002 the House Price Index for SURREY was 53.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 182.145%.Applying this 182.145% change to the original purchase price of £440,000 results in an estimated price of approximately £1,241,439.
| 31 Jul 2002 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 53.1 | 149.7 | 182.145 % | £440,000 | £801,439 | £1,241,439 |
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 | 133.999 % | £589,595 | £1,029,595 |
| 3 Month Average | 146.186 % | £643,217 | £1,083,217 |
| 6 Month Average | 132.862 % | £584,590 | £1,024,590 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Nov 2023 | £1,323,598 | £1,290,000 | 7 TUDOR CLOSE |
| 21 Nov 2023 | £682,320 | £665,000 | 12 ACORN CLOSE |
| 3 Nov 2023 | £1,159,431 | £1,130,000 | 9 TUDOR CLOSE |
| 20 Oct 2023 | £731,616 | £715,000 | 58 HILLSIDE |
| 11 Nov 2022 | £905,765 | £910,000 | 26 BURGH WOOD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Tudor Close |
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Acorn Close |
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Burgh Wood |
| May 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hillside |
| Jul 2024 | Anti-social behaviour | On or near Hillside Close |