£379,186
This estimated value is based upon the latest sale price for the house of £310,000 on 15 May 2020. 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 |
|---|---|
| £310,000 | 15 May 2020 |
| £197,500 | 22 Jun 2006 |
| £195,000 | 1 Jul 2005 |
| £118,500 | 26 Jan 2000 |
| Terraced |
| Freehold |
| Floor Area: 66 sq meters or 710 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 May 2020 the House Price Index for SURREY was 121.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.318%.Applying this 22.318% change to the original purchase price of £310,000 results in an estimated price of approximately £379,186.
| 15 May 2020 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 148.6 | 22.318 % | £310,000 | £69,186 | £379,186 |
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 | 82.570 % | £255,967 | £565,967 |
| 3 Month Average | 21.657 % | £67,136 | £377,136 |
| 6 Month Average | 3.921 % | £12,155 | £322,155 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £468,192 | £460,000 | 1 ACORN CLOSE |
| 3 Nov 2023 | £482,138 | £475,000 | 7 LONGCHAMPS CLOSE |
| 12 Sep 2023 | £405,181 | £400,000 | 1 BRAMLEY WALK |
| 8 Mar 2023 | £317,996 | £315,000 | 3 BRAMLEY WALK |
| 30 Sep 2022 | £416,636 | £420,000 | 17 CARLTON TYE |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 15 Oct 2018. Using an estimated price of £379,186 means this house is valued at £5,745 per sq meter (£533 per sq foot).
The average size of a house on BRAMLEY WALK is 76 sq meters (819 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarence Court |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Copse Lane |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Copse Lane |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Copse Lane |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Raymer Walk |