£505
This estimated value is based upon the latest sale price for the house of £500 on 13 Jul 2022. 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 |
|---|---|
| £500 | 13 Jul 2022 |
| 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 July 2022 the House Price Index for SURREY was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £500 results in an estimated price of approximately £505.
| 13 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £500 | £5 | £505 |
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 | -33.091 % | £-165 | £334 |
| 3 Month Average | -0.752 % | £-3 | £496 |
| 6 Month Average | 12.082 % | £60 | £560 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £306,972 | £300,000 | 10 MANSFIELD DRIVE |
| 18 Aug 2023 | £361,520 | £355,000 | 6 PURBECK CLOSE |
| 21 Apr 2023 | £601,246 | £590,000 | 30 RADSTOCK WAY |
| 1 Mar 2023 | £218,652 | £215,000 | 23 HILDENLEY CLOSE |
| 6 Jan 2023 | £411,098 | £410,000 | 56 RADSTOCK WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Public order | Under investigation | On or near Greensand Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Greensand Close |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greensand Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Hildenley Close |