£1,056,874
This estimated value is based upon the latest sale price for the house of £787,000 on 26 May 2016. This value is then adjusted by the current Official House Price Index for SURREY 1
There have been two burglaries within the last year on or near Raglan Road
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2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
Price Paid | Date |
---|---|
£787,000 | 26 May 2016 |
Detached |
Freehold |
Floor Area: 133 sq meters or 1,431 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 2016 the House Price Index for SURREY was 110.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 34.292%.Applying this 34.292% change to the original purchase price of £787,000 results in an estimated price of approximately £1,056,874.
26 May 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.7 | 148.6 | 34.292 % | £787,000 | £269,874 | £1,056,874 |
The Postcode Pricing Model uses changes in average sales price within the RH2 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 | 13.943 % | £109,727 | £896,727 |
3 Month Average | -5.701 % | £-44,866 | £742,133 |
6 Month Average | -0.063 % | £-494 | £786,505 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
31 Jul 2023 | £2,356,719 | £2,325,000 | FOXTROT REIGATE HILL |
13 Jul 2023 | £658,868 | £650,000 | FLAT 7 BEECHCROFT MANOR, 56 ALMA ROAD |
13 Apr 2023 | £1,288,878 | £1,275,000 | 43 RAGLAN ROAD |
20 Feb 2023 | £237,340 | £237,500 | FLAT 3 THE COPSE, 47 ALMA ROAD |
29 Jul 2022 | £1,253,374 | £1,250,000 | 47 GATTON ROAD |
This house has a floor area of 133 sq meters or 1,431 sq feet when measured on 4 Dec 2015. Using an estimated price of £1,056,874 means this house is valued at £7,946 per sq meter (£738 per sq foot).
The average size of a house on HUNTERSFIELD CLOSE is 174 sq meters (1,875 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Under investigation | On or near Raglan Road |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Raglan Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greystones Drive |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greystones Drive |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Greystones Drive |