£268,080
This estimated value is based upon the latest sale price for the house of £220,000 on 18 Feb 2020. 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 |
|---|---|
| £220,000 | 18 Feb 2020 |
| £219,995 | 7 Feb 2018 |
| Flats/Maisonettes |
| Leasehold |
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 February 2020 the House Price Index for SURREY was 121.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.855%.Applying this 21.855% change to the original purchase price of £220,000 results in an estimated price of approximately £268,080.
| 18 Feb 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.0 | 21.855 % | £220,000 | £48,080 | £268,080 |
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 | 21.156 % | £46,543 | £266,543 |
| 3 Month Average | 40.643 % | £89,414 | £309,414 |
| 6 Month Average | 8.025 % | £17,654 | £237,654 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £198,760 | £195,000 | FLAT 11 IMPERIAL BUILDINGS, 68 VICTORIA ROAD |
| 28 Jul 2023 | £277,626 | £275,000 | FLAT 4 10 SOVEREIGN WALK |
| 13 May 2022 | £142,112 | £140,000 | FLAT 17 IMPERIAL BUILDINGS, 68 VICTORIA ROAD |
| 24 Mar 2022 | £340,586 | £330,000 | 23 RUSSELLS CRESCENT |
| 17 Dec 2021 | £336,121 | £315,000 | FLAT 2 10 SOVEREIGN WALK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Under investigation | On or near Victoria Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Victoria Road |