£194,949
This estimated value is based upon the latest sale price for the house of £115,000 on 28 Jan 2013. 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 |
---|---|
£115,000 | 28 Jan 2013 |
£119,500 | 14 Oct 2005 |
£105,000 | 1 Mar 2004 |
Flats/Maisonettes |
Leasehold |
Floor Area: 57 sq meters or 618 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 2013 the House Price Index for SURREY was 87.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 69.521%.Applying this 69.521% change to the original purchase price of £115,000 results in an estimated price of approximately £194,949.
28 Jan 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
87.7 | 148.6 | 69.521 % | £115,000 | £79,949 | £194,949 |
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 | 58.769 % | £67,583 | £182,583 |
3 Month Average | 101.673 % | £116,923 | £231,923 |
6 Month Average | 57.829 % | £66,503 | £181,503 |
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 57 sq meters or 618 sq feet when measured on 16 Nov 2009. Using an estimated price of £194,950 means this house is valued at £3,390 per sq meter (£314 per sq foot).
The average size of a house on HIGH STREET is 63 sq meters (685 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Under investigation | On or near Victoria Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Victoria Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Victoria Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Victoria Road |
Apr 2024 | Violence and sexual offences | Under investigation | On or near Victoria Road |