£1,724,411
This estimated value is based upon the latest sale price for the house of £995,000 on 24 Jun 2011. 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 |
|---|---|
| £995,000 | 24 Jun 2011 |
| £690,000 | 25 Oct 2007 |
| Detached |
| Freehold |
| Floor Area: 271 sq meters or 2,917 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 June 2011 the House Price Index for SURREY was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £995,000 results in an estimated price of approximately £1,724,411.
| 24 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 148.6 | 73.308 % | £995,000 | £729,411 | £1,724,411 |
The Postcode Pricing Model uses changes in average sales price within the CR5 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 | 26.884 % | £267,493 | £1,262,493 |
| 3 Month Average | 102.515 % | £1,020,022 | £2,015,022 |
| 6 Month Average | 77.259 % | £768,726 | £1,763,726 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £600,507 | £590,000 | 16 CHURCH LANE DRIVE |
| 31 Aug 2023 | £569,986 | £565,000 | 9 CHURCH LANE DRIVE |
| 4 Jul 2023 | £648,731 | £640,000 | 11 CHURCH LANE DRIVE |
| 24 Mar 2023 | £489,613 | £485,000 | 42 CHURCH LANE AVENUE |
| 28 Feb 2023 | £739,003 | £739,500 | MONISA CHURCH LANE |
This house has a floor area of 271 sq meters or 2,917 sq feet when measured on 1 Jul 2020. Using an estimated price of £1,724,411 means this house is valued at £6,363 per sq meter (£591 per sq foot).
The average size of a house on GARDEN WALK is 372 sq meters (4,004 sq feet).
This house is the largest in the street with a floor area of 271 sq meters (2,917 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Church Lane |
| Mar 2024 | Public order | Under investigation | On or near Petrol Station |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Jan 2024 | Anti-social behaviour | On or near Dean Lane | |
| Jan 2024 | Anti-social behaviour | On or near Dean Lane |