£156,430
This estimated value is based upon the latest sale price for the house of £29,000 on 2 Dec 1996. This value is then adjusted by the current Official House Price Index for SURREY 1
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2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
| Price Paid | Date |
|---|---|
| £29,000 | 2 Dec 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 62 sq meters or 667 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 1996 the House Price Index for SURREY was 27.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 439.417%.Applying this 439.417% change to the original purchase price of £29,000 results in an estimated price of approximately £156,430.
| 2 Dec 1996 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.5 | 148.6 | 439.417 % | £29,000 | £127,430 | £156,430 |
The Postcode Pricing Model uses changes in average sales price within the RH1 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 | 387.957 % | £112,507 | £141,507 |
| 3 Month Average | 321.083 % | £93,114 | £122,114 |
| 6 Month Average | 368.073 % | £106,741 | £135,741 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Dec 2023 | £139,949 | £137,500 | FLAT 27 LEWIS COURT, 65 LINKFIELD LANE |
| 6 Dec 2023 | £122,137 | £120,000 | FLAT 20 LEWIS COURT, 65 LINKFIELD LANE |
| 30 Nov 2023 | £312,628 | £308,000 | FLAT 9 BURLINGTON COURT, 158 STATION ROAD |
| 15 Sep 2023 | £227,914 | £225,000 | FLAT 5 LEWIS COURT, 65 LINKFIELD LANE |
| 1 Aug 2023 | £272,383 | £270,000 | FLAT 2 SQUIRRELS GREEN, 154 STATION ROAD |
This house has a floor area of 62 sq meters or 667 sq feet when measured on 27 Feb 2020. Using an estimated price of £156,431 means this house is valued at £2,523 per sq meter (£234 per sq foot).
The average size of a house on STATION ROAD is 59 sq meters (641 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Parking Area |
| Apr 2024 | Public order | Under investigation | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parking Area |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfax Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Baxter Avenue |