£455,094
This estimated value is based upon the latest sale price for the house of £221,000 on 23 Apr 2004. This value is then adjusted by the current Official House Price Index for SURREY 1
Get our free house price tracker.
2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
| Price Paid | Date |
|---|---|
| £221,000 | 23 Apr 2004 |
| Semi-Detached |
| Freehold |
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 April 2004 the House Price Index for SURREY was 72.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 105.925%.Applying this 105.925% change to the original purchase price of £221,000 results in an estimated price of approximately £455,094.
| 23 Apr 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 72.7 | 149.7 | 105.925 % | £221,000 | £234,094 | £455,094 |
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 | 83.241 % | £183,961 | £404,961 |
| 3 Month Average | 74.511 % | £164,670 | £385,670 |
| 6 Month Average | 93.756 % | £207,200 | £428,200 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Feb 2023 | £299,501 | £297,500 | 7 RICKWOOD |
| 6 Jan 2023 | £225,603 | £225,000 | 23 RICKWOOD |
| 5 Sep 2022 | £687,041 | £687,500 | 3 COLLINGWOOD CLOSE |
| 2 Sep 2022 | £544,636 | £545,000 | 16 BIRCHWOOD CLOSE |
| 29 Jul 2022 | £363,644 | £360,000 | 12 RICKWOOD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Vehicle crime | Under investigation | On or near Smithbarn Close |
| Jun 2024 | Drugs | Local resolution | On or near Smithbarn Close |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Jubilee Close |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jubilee Close |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Woodhayes |