£389,863
This estimated value is based upon the latest sale price for the house of £345,000 on 28 May 2021. 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 |
|---|---|
| £345,000 | 28 May 2021 |
| £400,000 | 25 Sep 2020 |
| Terraced |
| 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 May 2021 the House Price Index for SURREY was 131.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 13.004%.Applying this 13.004% change to the original purchase price of £345,000 results in an estimated price of approximately £389,863.
| 28 May 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 131.5 | 148.6 | 13.004 % | £345,000 | £44,863 | £389,863 |
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 | -7.209 % | £-24,870 | £320,129 |
| 3 Month Average | 75.479 % | £260,401 | £605,401 |
| 6 Month Average | 3.065 % | £10,573 | £355,573 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £362,637 | £358,000 | 81 KINGSLEY ROAD |
| 30 Aug 2023 | £383,606 | £380,250 | 16 ROTHERVALE |
| 4 Aug 2023 | £322,824 | £320,000 | 21 AVONDALE CLOSE |
| 5 Jun 2023 | £334,046 | £330,000 | 95 KINGSLEY ROAD |
| 3 Nov 2022 | £345,811 | £350,000 | 15 ROTHERVALE |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 5 Feb 2020. Using an estimated price of £389,863 means this house is valued at £3,677 per sq meter (£341 per sq foot).
The average size of a house on KINGSLEY ROAD is 81 sq meters (877 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Rothervale | |
| Feb 2024 | Anti-social behaviour | On or near Rothervale | |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Avondale Close |
| Mar 2024 | Anti-social behaviour | On or near Darenth Way | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Darenth Way |