£164,682
This estimated value is based upon the latest sale price for the house of £120,000 on 29 Jan 2016. 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 |
|---|---|
| £120,000 | 29 Jan 2016 |
| £86,500 | 5 Jan 2005 |
| £79,950 | 21 Feb 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 33 sq meters or 359 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 January 2016 the House Price Index for SURREY was 108.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 37.235%.Applying this 37.235% change to the original purchase price of £120,000 results in an estimated price of approximately £164,682.
| 29 Jan 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 108.3 | 148.6 | 37.235 % | £120,000 | £44,682 | £164,682 |
The Postcode Pricing Model uses changes in average sales price within the RH6 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 | -9.234 % | £-11,080 | £108,919 |
| 3 Month Average | 40.708 % | £48,849 | £168,849 |
| 6 Month Average | 12.163 % | £14,595 | £134,595 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £198,473 | £195,000 | FLAT 11 IMPERIAL BUILDINGS, 68 VICTORIA ROAD |
| 5 Dec 2023 | £322,645 | £317,000 | 44A HIGH STREET |
| 3 Jan 2023 | £116,451 | £117,000 | SHOP 1, 36A HIGH STREET |
| 7 Oct 2022 | £6,232,890 | £6,300,000 | 11 - 13 HIGH STREET |
| 23 Aug 2022 | £205,946 | £206,500 | FLAT 10 OAKFIELD COURT CONSORT WAY |
This house has a floor area of 33 sq meters or 359 sq feet when measured on 23 Jun 2010. Using an estimated price of £164,683 means this house is valued at £4,936 per sq meter (£458 per sq foot).
The average size of a house on HIGH STREET is 63 sq meters (685 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Victoria Road |
| Mar 2024 | Drugs | Under investigation | On or near Victoria Road |
| Mar 2024 | Public order | Under investigation | On or near Victoria Road |
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Victoria Road |