Property profile

Flat41 Nork Way

Map showing Flat, 41 Nork Way, Banstead

Property Price
150k200k250k300k400k500k750k1.5M

Estimated sale price

£210,000

Flats sold in Nork

The box shows the middle 50% of flats sale prices, the whiskers show the 5th to 95th percentile, and the marker shows this property's estimated price.

Half of similar homes sold within the box; most sold within the wider line.

An indicative model estimate, not a survey or formal valuation.

This property vs market

Last sold10 Jun 2011
£130,000Change since last sale: +£78,000 (+60%)
Annualised change
+3.1% per yearReigate and Banstead annualised change (flats) since 2011: +2.8% per yearThis property's value is moving in line with the market
Price per sq ftLocal median £448 per sq ft
£400 per sq ftEstimate vs local median: −£48 per sq ft (−11%)
Local sold pricesMedian for flats in Nork
£357,750Estimate vs local median: −£149,000 (−42%)
How this estimate is calculated

Area360's automated valuation uses available property details, recorded sales and local market data to estimate a sale price. This automated estimate is a guide, not a survey, mortgage valuation or formal valuation. See the valuation methodology and limitations.

Estimate calculated .

Property facts

Property typeFlat / End-Terrace
TenureLeasehold
Construction period1930-1949
Floor area48 m² / 521 sq ft
Rooms2 habitable / 2 heated
Floor level1st
EPC ratingD
EPC inspection22 Nov 2010

Sales history

DatePriceChange
10 Jun 2011£130,000+4%
05 Aug 2005£125,000+127%
26 Feb 1999£55,000-

Local market

Property prices in Nork

Median price£750,000
Price per sq ft£550
Sales (last 12 months)99
Typical range (middle 50%)£605K – £900K

Based on 99 recent sales, the median property price is £750,000 (about £550 per square foot) in Nork area, with individual transactions ranging from £295,000 up to £1,735,000.

Prices by property typelast 12 months

Median sale price, median price per square foot, sales count, and percentile information for each property type in Nork over the last year.
TypeSalesMedian£/sq ft
Detached55£885,000£535
Terraced3£645,000£560
Semi-Detached33£625,000£567
Flats8£357,750£448

10-year price trendmedian sale price in Nork

Sale price

Ten year median sale price trend for each property type in Nork.
YearDetachedFlatsSemi-DetachedTerraced
2016£740,000£297,500£555,000£507,500
2017£695,000£330,500£580,000£512,500
2018£707,500£318,750£565,000£433,750
2019£718,000£317,125£525,375£477,500
2020£735,050£310,000£552,500£485,000
2021£777,500£315,000£650,800£555,000
2022£885,000£340,000£722,500£575,000
2023£822,500£325,000£652,500£632,500
2024£790,000£363,750£675,000£540,000
2025£900,000£372,500£680,000£600,000
2026£850,000£315,000£640,000£645,000
Ten year median sale price trend for each property type in Nork.

Price per sq ft

Ten year median sale price per square foot trend for each property type in Nork.
YearDetachedFlatsSemi-DetachedTerraced
2016£484£447£491£421
2017£465£470£469£414
2018£468£448£484£570
2019£474£451£467£416
2020£475£437£502£527
2021£505£460£533£472
2022£556£516£592£507
2023£539£460£555£471
2024£547£487£556£493
2025£552£472£564£552
2026£512£437£512£599
Ten year median sale price per square foot trend for each property type in Nork.

Price distribution by property typelast 12 months

Price distribution by property type for Nork in the last year.

Recent sales

There were 27 recent sold properties in the last 18 months near SM7 1PB.

Recent sold properties in the last 18 months near SM7 1PB
DateAddressTypeTenurePriceMap
15 Sept 20254, Tulyar Mews, Banstead, SM7 1NZTerracedFreehold£645,000
25 Jul 202523, Eastgate, Banstead, SM7 1RWFlatsLeasehold£295,000
28 Mar 20259, Eastgate, Banstead, SM7 1RWFlatsLeasehold£315,000
19 May 20261, Hawthorn Close, Banstead, SM7 1NDDetachedFreehold£870,000
19 Sept 202546, Green Curve, Banstead, SM7 1NYDetachedFreehold£915,000

Other properties at this postcode

AddressTenureFloor areaLast sale
1A Nork Way, Banstead, Banstead-85 m²-
3A, Nork Way, Banstead-59 m²-
5A, Nork Way, Banstead-27 m²-
7A Nork Way, Banstead-62 m²-
9A, Nork Way, BansteadFreehold55 m²£425,000 (2019)
11A Nork Way, Banstead-60 m²-
17A Nork Way, BansteadLeasehold50 m²£187,000 (2021)
21A Nork Way, BansteadLeasehold61 m²£249,000 (2024)
23A Nork Way, Banstead-65 m²-
25A Nork Way, Banstead-62 m²-

Area insights for SM7 1PB

Full area profile →

Overview

Postcode SM7 1PB is located in a major urban area, within the Nork ward of Reigate and Banstead in the South East region, and forms part of the Nork area. It has very low deprivation and very low crime levels, with around 28.6 crimes per 1,000 residents per year, about 66% below the South East average of 84 per 1,000. The average income per household in Nork is £85,801 per year. The nearest station is Banstead, about 0.2 miles away. There are 5 primary and 1 secondary schools in the area.

Crime rate
2/10
Crimes per 1k residents
29
Deprivation level
2/10
Income level
10/10
Social housing
15.4%
Connectivity
N/A
Flood Risk
No risk
Noise Level
Moderate

Deprivation level

2/10

Nork has a very low level of deprivation, ranked at position 29,998 out of 32,844 areas in England, placing it within the bottom 9% least deprived areas in England.

Crime level

2/10

Nork has a very low crime rate, with approximately 28.6 reported incidents per 1,000 population each year.

Social housing

15.4%

Approximately 15.4% of homes on this street are social housing provided by a local council or housing association. Across the surrounding area, around 5.7% of dwellings are socially rented.

Income level

10/10

The average income per household in Nork is £85,801 per year.

Noise Level

Moderate

Moderate noise level (65.0-69.9 dB) from road, approximately 269 ft away from SM7 1PB.

Flood risk

No risk

Nork near SM7 1PB has no flood risk (less than 0.1% chance of a flood each year) from rivers and sea.

Transport

The nearest station is Banstead located about 0.2 miles away. There are 1 stations nearby.

Nearby public transport stations for SM7 1PB
DistanceZoneNameLinesDirections
0.2 mi

6

Banstead

Southern

Walking directions to Banstead

Parks

No parks nearby

Area Profile

Population
328
Population density
4,285.7 per km²

Crime

Crime per 1,000 population

Violence and sexual offences
13.67(-57%)
Anti-social behaviour
5.59(-55%)
Vehicle crime
4.97(+34%)
Drugs
2.49(-10%)
Burglary
1.86(-28%)
South East average

Demographics

Ethnic groups

British
250
75.76%
Other White
33
10%
Other
14
4.24%
Other Asian
5
1.52%
African
5
1.52%
Total population: 330

Economics

Education (age 16+)

Level 4+ (Degree)
89
35.6%
Level 3 (A level)
44
17.6%
No qualifications
37
14.8%
Level 2 (GCSEs 9-4)
36
14.4%
Level 1 (GCSEs 3-1)
22
8.8%
Total 16+ residents: 250

Housing

Housing tenure

Owns outright
47
34.56%
Owns with a mortgage
39
28.68%
Private landlord or letting agency
28
20.59%
Other social rented
18
13.24%
Social rents from council
3
2.21%
Total households: 136

Schools

In the SM7 1PB postcode area, located within Nork, there are 5 primary and 1 secondary schools in close proximity.

Nearby primary and secondary schools for SM7 1PB
DistancePhaseNameTypeRating
0.5 miPrimaryBanstead Community Junior SchoolCommunity school

Good

0.5 miPrimaryBanstead Infant SchoolAcademy converter

Good

0.6 miPrimaryWarren Mead Junior SchoolAcademy converter

Good

Local amenities

3 nearby supermarkets & convenience stores within 0.5 mi of SM7 1PB

Nearby supermarkets & convenience stores for SM7 1PB
DistanceNameAddressDirections
0 miPremier Foods19 Nork Way, Banstead, SM7 1PBWalking directions to Premier Foods
0 miLondis39 Nork Way, Banstead, SM7 1PBWalking directions to Londis
0.1 miThe Co-operative Food1-3 Nork Way, Banstead, SM7 1PBWalking directions to The Co-operative Food