£1,293,505
This estimated value is based upon the latest sale price for the house of £1,050,000 on 2 Aug 2018. 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 |
|---|---|
| £1,050,000 | 2 Aug 2018 |
| £555,000 | 12 Nov 2010 |
| Detached |
| Freehold |
| Floor Area: 196 sq meters or 2,109 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 August 2018 the House Price Index for SURREY was 120.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.191%.Applying this 23.191% change to the original purchase price of £1,050,000 results in an estimated price of approximately £1,293,505.
| 2 Aug 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.1 | 148.0 | 23.191 % | £1,050,000 | £243,505 | £1,293,505 |
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 | -10.932 % | £-114,785 | £935,214 |
| 3 Month Average | -25.100 % | £-263,549 | £786,450 |
| 6 Month Average | -10.993 % | £-115,425 | £934,574 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £463,774 | £455,000 | FLAT 6 WARREN COURT 38-40 WARREN ROAD |
| 28 Jun 2023 | £272,207 | £270,000 | 33 WRAYMEAD PLACE |
| 8 Jun 2023 | £259,605 | £257,500 | 2 WRAYMEAD PLACE |
| 28 Apr 2023 | £322,396 | £320,000 | 38 WRAYMEAD PLACE |
| 22 Mar 2023 | £231,250 | £230,000 | 32 WRAYMEAD PLACE |
This house has a floor area of 196 sq meters or 2,109 sq feet when measured on 25 Apr 2018. Using an estimated price of £1,293,505 means this house is valued at £6,599 per sq meter (£613 per sq foot).
The average size of a house on WARREN ROAD is 110 sq meters (1,193 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Oak Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Oak Road |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mark Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Warren Road |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Kilmarnock Park |