£836,438
This estimated value is based upon the latest sale price for the house of £818,000 on 4 Sep 2023. 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 |
|---|---|
| £818,000 | 4 Sep 2023 |
| £285,000 | 28 Sep 2000 |
| Detached |
| Freehold |
| Floor Area: 186 sq meters or 2,002 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 2023 the House Price Index for SURREY was 146.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.254%.Applying this 2.254% change to the original purchase price of £818,000 results in an estimated price of approximately £836,438.
| 4 Sep 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.4 | 149.7 | 2.254 % | £818,000 | £18,438 | £836,438 |
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 | 5.168 % | £42,270 | £860,270 |
| 3 Month Average | -5.198 % | £-42,520 | £775,479 |
| 6 Month Average | 2.367 % | £19,360 | £837,360 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £446,330 | £435,000 | 2 MEAD CLOSE |
| 6 Oct 2023 | £199,532 | £195,000 | FLAT 4 113 LONDON ROAD |
| 4 Sep 2023 | £836,439 | £818,000 | 109 LONDON ROAD |
| 13 Apr 2023 | £219,098 | £215,000 | FLAT 8 115 - 117 LONDON ROAD |
| 28 Feb 2023 | £455,543 | £452,500 | 6A MONSON ROAD |
This house has a floor area of 186 sq meters or 2,002 sq feet when measured on 19 May 2021. Using an estimated price of £836,439 means this house is valued at £4,496 per sq meter (£417 per sq foot).
The average size of a house on LONDON ROAD is 72 sq meters (776 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Mead Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Mead Close |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Mead Close |
| Sep 2024 | Anti-social behaviour | On or near Mead Close | |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Mead Close |