£589,246
This estimated value is based upon the latest sale price for the house of £340,000 on 30 Jun 2011. 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 |
|---|---|
| £340,000 | 30 Jun 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 129 sq meters or 1,395 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 June 2011 the House Price Index for SURREY was 85.7.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 73.308%.Applying this 73.308% change to the original purchase price of £340,000 results in an estimated price of approximately £589,246.
| 30 Jun 2011 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.7 | 148.6 | 73.308 % | £340,000 | £249,246 | £589,246 |
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 | 137.683 % | £468,123 | £808,123 |
| 3 Month Average | 82.893 % | £281,836 | £621,836 |
| 6 Month Average | 56.053 % | £190,580 | £530,580 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Nov 2023 | £279,133 | £275,000 | FLAT 4 COMFREY COURT, 1 NEWMAN ROAD |
| 6 Apr 2023 | £108,165 | £107,000 | FLAT 4 PRIMROSE COURT, 43 BROOKFIELD DRIVE |
| 23 Feb 2023 | £624,580 | £625,000 | 27 HERITAGE LAWN |
| 30 Jan 2023 | £69,672 | £70,000 | FLAT 2 COMFREY COURT, 1 NEWMAN ROAD |
| 24 Nov 2022 | £444,614 | £450,000 | 32 NEWMAN ROAD |
This house has a floor area of 129 sq meters or 1,395 sq feet when measured on 23 Jun 2011. Using an estimated price of £589,246 means this house is valued at £4,544 per sq meter (£422 per sq foot).
The average size of a house on FLINT CLOSE is 124 sq meters (1,342 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Newman Road |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Newman Road |
| Dec 2023 | Anti-social behaviour | On or near Newman Road | |
| Dec 2023 | Anti-social behaviour | On or near Newman Road | |
| Dec 2023 | Anti-social behaviour | On or near Newman Road |