£622,439
This estimated value is based upon the latest sale price for the house of £135,000 on 17 Jul 1998. This value is then adjusted by the current Official House Price Index for SURREY 1
There has been one burglary within the last year on or near Baily Gardens
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2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
| Price Paid | Date |
|---|---|
| £135,000 | 17 Jul 1998 |
| Detached |
| Freehold |
| Floor Area: 162 sq meters or 1,750 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 July 1998 the House Price Index for SURREY was 31.8.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 361.066%.Applying this 361.066% change to the original purchase price of £135,000 results in an estimated price of approximately £622,439.
| 17 Jul 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.8 | 146.7 | 361.066 % | £135,000 | £487,439 | £622,439 |
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 | 333.327 % | £449,991 | £584,991 |
| 3 Month Average | 184.347 % | £248,869 | £383,869 |
| 6 Month Average | 253.998 % | £342,897 | £477,897 |
This house has a floor area of 162 sq meters or 1,750 sq feet when measured on 19 Nov 2008.
There is one other house on the street which we know the size of, this is 7 MADEIRA WALK it is 122.2
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Baily Gardens |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Baily Gardens |
| Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Baily Gardens |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Baily Gardens |