£427,648
This estimated value is based upon the latest sale price for the house of £408,000 on 28 Jan 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 |
|---|---|
| £408,000 | 28 Jan 2022 |
| £359,000 | 10 May 2019 |
| £314,995 | 27 Jun 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 January 2022 the House Price Index for SURREY was 141.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.816%.Applying this 4.816% change to the original purchase price of £408,000 results in an estimated price of approximately £427,648.
| 28 Jan 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.2 | 148.0 | 4.816 % | £408,000 | £19,648 | £427,648 |
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 | -5.771 % | £-23,545 | £384,454 |
| 3 Month Average | 41.089 % | £167,641 | £575,641 |
| 6 Month Average | -2.787 % | £-11,370 | £396,629 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Mar 2023 | £834,511 | £830,000 | 6 WYSEMEAD |
| 3 Feb 2023 | £771,352 | £775,000 | 1 HAZELHURST |
| 11 Nov 2022 | £329,654 | £335,000 | 5 RAILFIELD GARDENS |
| 28 Jan 2022 | £427,649 | £408,000 | 1 RAILFIELD GARDENS |
| 24 Jan 2022 | £503,116 | £480,000 | 102 BROOKFIELD DRIVE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 20 May 2014. Using an estimated price of £427,649 means this house is valued at £5,152 per sq meter (£478 per sq foot).
The average size of a house on RAILFIELD GARDENS is 132 sq meters (1,421 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Langshott |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langshott |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Langshott |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Railfield Gardens |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blacksmith Road |