£461,250
This estimated value is based upon the latest sale price for the house of £265,000 on 9 Sep 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 |
|---|---|
| £265,000 | 9 Sep 2011 |
| £203,000 | 4 Aug 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 83 sq meters or 893 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 September 2011 the House Price Index for SURREY was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.057%.Applying this 74.057% change to the original purchase price of £265,000 results in an estimated price of approximately £461,250.
| 9 Sep 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.057 % | £265,000 | £196,250 | £461,250 |
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 | 65.910 % | £174,661 | £439,661 |
| 3 Month Average | 48.913 % | £129,618 | £394,618 |
| 6 Month Average | 52.877 % | £140,124 | £405,124 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £448,082 | £440,000 | 17 STUART ROAD |
| 24 Mar 2023 | £470,355 | £462,500 | 35 STUART ROAD |
| 9 Aug 2022 | £450,105 | £448,000 | 6 STUART CRESCENT |
| 1 Apr 2022 | £705,447 | £680,000 | 43 SANDCROSS LANE |
| 21 Mar 2022 | £112,745 | £108,000 | 90 PRICES LANE |
This house has a floor area of 83 sq meters or 893 sq feet when measured on 3 Oct 2013. Using an estimated price of £461,250 means this house is valued at £5,557 per sq meter (£516 per sq foot).
The average size of a house on PRICES LANE is 79 sq meters (860 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Sandcross Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Sandcross Lane |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Sandcross Lane |
| Apr 2024 | Vehicle crime | Under investigation | On or near Sandcross Lane |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stuart Road |