£3,043,801
This estimated value is based upon the latest sale price for the house of £745,000 on 19 Nov 1999. 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 |
|---|---|
| £745,000 | 19 Nov 1999 |
| Detached |
| Freehold |
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 November 1999 the House Price Index for SURREY was 36.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 308.564%.Applying this 308.564% change to the original purchase price of £745,000 results in an estimated price of approximately £3,043,801.
| 19 Nov 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 36.4 | 148.6 | 308.564 % | £745,000 | £2,298,801 | £3,043,801 |
The Postcode Pricing Model uses changes in average sales price within the RH1 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 | 252.179 % | £1,878,731 | £2,623,731 |
| 3 Month Average | 183.586 % | £1,367,717 | £2,112,717 |
| 6 Month Average | 214.827 % | £1,600,464 | £2,345,464 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Aug 2023 | £847,413 | £840,000 | FREEDOM PENDELL MEWS PENDELL ROAD |
| 4 Aug 2023 | £605,295 | £600,000 | HUNTERS COOPERS HILL ROAD |
| 24 Mar 2023 | £896,446 | £888,000 | THE BARN |
| 17 Feb 2023 | £609,590 | £610,000 | ROSE COTTAGE CHURCH HILL |
| 10 Feb 2023 | £281,810 | £282,000 | FLAT 6 THE WELL HOUSE HIGH STREET |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Under investigation | On or near Deans Lane |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Hunters Gate |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near High Street |