£442,324
This estimated value is based upon the latest sale price for the house of £85,000 on 14 May 1997. 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 Star Lane
More crime details
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2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
Price Paid | Date |
---|---|
£85,000 | 14 May 1997 |
Semi-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 May 1997 the House Price Index for SURREY was 28.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 420.381%.Applying this 420.381% change to the original purchase price of £85,000 results in an estimated price of approximately £442,324.
14 May 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
28.8 | 149.7 | 420.381 % | £85,000 | £357,324 | £442,324 |
The Postcode Pricing Model uses changes in average sales price within the CR5 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 | 487.172 % | £414,096 | £499,096 |
3 Month Average | 512.567 % | £435,682 | £520,682 |
6 Month Average | 443.365 % | £376,859 | £461,859 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £608,704 | £590,000 | 16 CHURCH LANE DRIVE |
31 Aug 2023 | £575,378 | £565,000 | 9 CHURCH LANE DRIVE |
30 Mar 2023 | £287,394 | £282,594 | 1 CLOVER HILL |
24 Mar 2023 | £493,237 | £485,000 | 42 CHURCH LANE AVENUE |
24 Feb 2023 | £558,732 | £555,000 | 9 ST MARGARETS ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Public order | Under investigation | On or near Star Lane |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Star Lane |
Jul 2024 | Burglary | Investigation complete; no suspect identified | On or near Star Lane |
Sep 2024 | Other crime | Further investigation is not in the public interest | On or near Clover Hill |
Sep 2024 | Possession of weapons | Unable to prosecute suspect | On or near Petrol Station |