£271,670
This estimated value is based upon the latest sale price for the house of £220,000 on 5 Sep 2018. 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 |
|---|---|
| £220,000 | 5 Sep 2018 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 2018 the House Price Index for SURREY was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.487%.Applying this 23.487% change to the original purchase price of £220,000 results in an estimated price of approximately £271,670.
| 5 Sep 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.487 % | £220,000 | £51,670 | £271,670 |
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 | -9.592 % | £-21,103 | £198,896 |
| 3 Month Average | 29.286 % | £64,430 | £284,430 |
| 6 Month Average | 0.775 % | £1,705 | £221,705 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £141,813 | £140,000 | FLAT 4 1 YATTENDON ROAD |
| 7 Feb 2023 | £219,852 | £220,000 | FLAT 1 BANK HOUSE BALCOMBE ROAD |
| 7 Feb 2023 | £179,879 | £180,000 | FLAT 4 39 STATION ROAD |
| 7 Feb 2023 | £179,879 | £180,000 | FLAT 3 39 STATION ROAD |
| 7 Feb 2023 | £179,879 | £180,000 | FLAT 2 39 STATION ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 7 Dec 2012. Using an estimated price of £271,670 means this house is valued at £3,995 per sq meter (£371 per sq foot).
The average size of a house on STATION ROAD is 68 sq meters (736 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Station Road |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Station Road |
| Mar 2024 | Anti-social behaviour | On or near Station Road | |
| Feb 2024 | Anti-social behaviour | On or near Station Road | |
| Feb 2024 | Anti-social behaviour | On or near Station Road |