£610,451
This estimated value is based upon the latest sale price for the house of £165,000 on 31 Aug 2000. 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 |
|---|---|
| £165,000 | 31 Aug 2000 |
| £85,000 | 9 Jan 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 August 2000 the House Price Index for SURREY was 40.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 269.970%.Applying this 269.970% change to the original purchase price of £165,000 results in an estimated price of approximately £610,451.
| 31 Aug 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.2 | 148.6 | 269.970 % | £165,000 | £445,451 | £610,451 |
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 | 189.054 % | £311,939 | £476,939 |
| 3 Month Average | 143.908 % | £237,448 | £402,448 |
| 6 Month Average | 180.735 % | £298,213 | £463,213 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Nov 2023 | £634,392 | £625,000 | 67 REDSTONE HILL |
| 31 Jul 2023 | £506,821 | £500,000 | 18 PALMER CLOSE |
| 22 Jun 2023 | £612,418 | £605,000 | 8 REDSTONE MANOR |
| 7 Jun 2023 | £620,010 | £612,500 | 5 REDSTONE MANOR |
| 11 Apr 2022 | £561,241 | £545,000 | 9 PALMER CLOSE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 15 Aug 2016. Using an estimated price of £610,451 means this house is valued at £5,758 per sq meter (£535 per sq foot).
The average size of a house on REDSTONE HILL is 126 sq meters (1,360 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Redstone Manor |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Redstone Hollow |
| Jan 2024 | Anti-social behaviour | On or near Redstone Hollow | |
| Jan 2024 | Anti-social behaviour | On or near Redstone Hollow | |
| Jan 2024 | Anti-social behaviour | On or near Redstone Hollow |