£332,271
This estimated value is based upon the latest sale price for the house of £195,000 on 20 Dec 2012. 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 |
|---|---|
| £195,000 | 20 Dec 2012 |
| Flats/Maisonettes |
| Leasehold |
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 December 2012 the House Price Index for SURREY was 87.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.396%.Applying this 70.396% change to the original purchase price of £195,000 results in an estimated price of approximately £332,271.
| 20 Dec 2012 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.9 | 149.7 | 70.396 % | £195,000 | £137,271 | £332,271 |
The Postcode Pricing Model uses changes in average sales price within the RH2 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 | 40.096 % | £78,188 | £273,188 |
| 3 Month Average | 35.925 % | £70,053 | £265,053 |
| 6 Month Average | 46.978 % | £91,606 | £286,606 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £974,959 | £945,000 | 4 SPRINGCOPSE ROAD |
| 14 Feb 2023 | £855,716 | £850,000 | 50 CORNFIELD ROAD |
| 26 Aug 2022 | £889,158 | £885,000 | 54 CORNFIELD ROAD |
| 17 Aug 2022 | £1,024,792 | £1,020,000 | 21 SPRINGCOPSE ROAD |
| 25 Feb 2022 | £1,362,830 | £1,290,000 | 43 SPRINGCOPSE ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springcopse Road |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Springcopse Road |
| Aug 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Cockshot Road |
| Aug 2024 | Public order | Under investigation | On or near Cockshot Road |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Furzefield Road |