£632,978
This estimated value is based upon the latest sale price for the house of £476,500 on 15 Sep 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 |
|---|---|
| £476,500 | 15 Sep 2016 |
| £105,000 | 30 Apr 2010 |
| Detached |
| Freehold |
| Floor Area: 124 sq meters or 1,343 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 September 2016 the House Price Index for SURREY was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £476,500 results in an estimated price of approximately £632,978.
| 15 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £476,500 | £156,478 | £632,978 |
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 | 2.366 % | £11,271 | £487,771 |
| 3 Month Average | 36.741 % | £175,070 | £651,570 |
| 6 Month Average | 12.671 % | £60,377 | £536,877 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £279,133 | £275,000 | FLAT 4 COMFREY COURT, 1 NEWMAN ROAD |
| 7 Jul 2023 | £344,943 | £340,300 | 1 MEADOW WAY |
| 6 Apr 2023 | £108,165 | £107,000 | FLAT 4 PRIMROSE COURT, 43 BROOKFIELD DRIVE |
| 23 Mar 2023 | £439,137 | £435,000 | 5 BROOKFIELD DRIVE |
| 30 Jan 2023 | £69,672 | £70,000 | FLAT 2 COMFREY COURT, 1 NEWMAN ROAD |
This house has a floor area of 124 sq meters or 1,343 sq feet when measured on 29 Jun 2009. Using an estimated price of £632,978 means this house is valued at £5,071 per sq meter (£471 per sq foot).
The average size of a house on MEADOW WAY is 133 sq meters (1,438 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Meadow Way |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Brookfield Drive |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lake Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lake Lane |
| Mar 2024 | Public order | Under investigation | On or near Newman Road |