£575,695
This estimated value is based upon the latest sale price for the house of £309,000 on 8 May 2009. 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 |
|---|---|
| £309,000 | 8 May 2009 |
| £103,000 | 14 Jul 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 897 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 May 2009 the House Price Index for SURREY was 80.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 86.309%.Applying this 86.309% change to the original purchase price of £309,000 results in an estimated price of approximately £575,695.
| 8 May 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.4 | 149.7 | 86.309 % | £309,000 | £266,695 | £575,695 |
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 | 96.829 % | £299,200 | £608,200 |
| 3 Month Average | 90.701 % | £280,265 | £589,265 |
| 6 Month Average | 87.771 % | £271,212 | £580,212 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 25 Oct 2024 | £870,000 | £870,000 | 35 BLACKBOROUGH ROAD |
| 7 Jun 2024 | £780,000 | £780,000 | 2 CHARTFIELD ROAD |
| 19 Apr 2024 | £832,227 | £825,000 | 11 CHARTFIELD ROAD |
| 25 Apr 2023 | £749,010 | £735,000 | 4 ALBION ROAD |
| 21 Oct 2022 | £264,118 | £265,000 | 1 ALBION MEWS |
This house has a floor area of 83 sq meters or 897 sq feet when measured on 6 Mar 2009. Using an estimated price of £575,695 means this house is valued at £6,902 per sq meter (£641 per sq foot).
The average size of a house on ALBION ROAD is 101 sq meters (1,093 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chart Lane |
| Oct 2024 | Anti-social behaviour | On or near Chart Lane | |
| Oct 2024 | Anti-social behaviour | On or near Chart Lane | |
| Sep 2024 | Anti-social behaviour | On or near Crakell Road | |
| Sep 2024 | Anti-social behaviour | On or near Crakell Road |