£298,713
This estimated value is based upon the latest sale price for the house of £102,500 on 8 May 2002. 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 |
---|---|
£102,500 | 8 May 2002 |
Flats/Maisonettes |
Leasehold |
Floor Area: 45 sq meters or 484 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 May 2002 the House Price Index for SURREY was 51.0.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 191.428%.Applying this 191.428% change to the original purchase price of £102,500 results in an estimated price of approximately £298,713.
8 May 2002 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
51.0 | 148.6 | 191.428 % | £102,500 | £196,213 | £298,713 |
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 | 155.104 % | £158,981 | £261,481 |
3 Month Average | 104.074 % | £106,675 | £209,175 |
6 Month Average | 122.836 % | £125,906 | £228,406 |
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 45 sq meters or 484 sq feet when measured on 9 Oct 2018. Using an estimated price of £298,713 means this house is valued at £6,638 per sq meter (£616 per sq foot).
The average size of a house on STATION ROAD is 59 sq meters (641 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
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 |
Feb 2024 | Anti-social behaviour | On or near Baxter Avenue | |
Feb 2024 | Anti-social behaviour | On or near Baxter Avenue | |
Jan 2024 | Public order | Unable to prosecute suspect | On or near Baxter Avenue |