£589,471
This estimated value is based upon the latest sale price for the house of £466,000 on 11 Aug 2017. 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 |
|---|---|
| £466,000 | 11 Aug 2017 |
| £279,995 | 26 Jun 2009 |
| Detached |
| 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 August 2017 the House Price Index for SURREY was 117.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 26.496%.Applying this 26.496% change to the original purchase price of £466,000 results in an estimated price of approximately £589,471.
| 11 Aug 2017 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 117.0 | 148.0 | 26.496 % | £466,000 | £123,471 | £589,471 |
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 | 8.328 % | £38,809 | £504,809 |
| 3 Month Average | 40.239 % | £187,515 | £653,515 |
| 6 Month Average | 6.393 % | £29,791 | £495,791 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £513,819 | £510,000 | 11 BROADBRIDGE LANE |
| 23 Jun 2022 | £580,887 | £575,000 | 8 BROADBRIDGE LANE |
| 11 Mar 2022 | £443,794 | £430,000 | 28 GRASSLANDS |
| 11 Mar 2022 | £505,718 | £490,000 | 5 LARKFIELD COURT |
| 7 Mar 2022 | £568,675 | £551,000 | 34 ALBERTA DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Drugs | Local resolution | On or near Quebec Close |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Quebec Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grasslands |
| Mar 2024 | Burglary | Investigation complete; no suspect identified | On or near Grasslands |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Grasslands |