£384,642
This estimated value is based upon the latest sale price for the house of £235,000 on 22 Nov 2013. 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 |
|---|---|
| £235,000 | 22 Nov 2013 |
| Semi-Detached |
| Freehold |
| Floor Area: 58 sq meters or 624 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 November 2013 the House Price Index for SURREY was 91.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 63.678%.Applying this 63.678% change to the original purchase price of £235,000 results in an estimated price of approximately £384,642.
| 22 Nov 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 91.5 | 149.7 | 63.678 % | £235,000 | £149,642 | £384,642 |
The Postcode Pricing Model uses changes in average sales price within the RH1 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 | 68.992 % | £162,131 | £397,131 |
| 3 Month Average | 64.064 % | £150,550 | £385,550 |
| 6 Month Average | 80.422 % | £188,991 | £423,991 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Feb 2023 | £855,716 | £850,000 | 22 PARK ROAD |
| 11 Jan 2023 | £601,607 | £600,000 | 4 CHURCHILL CLOSE |
| 26 Oct 2022 | £376,243 | £377,500 | FLAT 3 PARK COURT LINKFIELD LANE |
| 26 Apr 2022 | £477,214 | £460,000 | 33 PARK ROAD |
| 7 Apr 2022 | £280,104 | £270,000 | FLAT 11 PARK COURT LINKFIELD LANE |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 22 Jun 2013. Using an estimated price of £384,643 means this house is valued at £6,631 per sq meter (£616 per sq foot).
The average size of a house on SILVERSTONE CLOSE is 66 sq meters (719 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Linkfield Lane |
| Jul 2024 | Anti-social behaviour | On or near Spruce Close | |
| Jul 2024 | Anti-social behaviour | On or near Spruce Close | |
| Jul 2024 | Anti-social behaviour | On or near Spruce Close | |
| Jul 2024 | Anti-social behaviour | On or near Spruce Close |