£1,357,658
This estimated value is based upon the latest sale price for the house of £366,500 on 20 Jul 2000. This value is then adjusted by the current Official House Price Index for SURREY 1
There has been one burglary within the last year on or near Wellington Way
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2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
Price Paid | Date |
---|---|
£366,500 | 20 Jul 2000 |
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 July 2000 the House Price Index for SURREY was 40.0.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 270.439%.Applying this 270.439% change to the original purchase price of £366,500 results in an estimated price of approximately £1,357,658.
20 Jul 2000 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
40.0 | 148.0 | 270.439 % | £366,500 | £991,158 | £1,357,658 |
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 | 172.636 % | £632,709 | £999,209 |
3 Month Average | 282.776 % | £1,036,372 | £1,402,872 |
6 Month Average | 209.938 % | £769,424 | £1,135,924 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
20 Nov 2023 | £602,738 | £595,000 | 47 WELLINGTON WAY |
27 Jul 2023 | £429,059 | £425,000 | 17 BAKEHOUSE ROAD |
21 Jul 2023 | £514,870 | £510,000 | 2 KILN LANE |
28 Jun 2023 | £499,046 | £495,000 | 25 BAKEHOUSE ROAD |
28 Jun 2023 | £450,654 | £447,000 | 13 KILN LANE |
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Burglary | Investigation complete; no suspect identified | On or near Wellington Way |
Feb 2024 | Public order | Unable to prosecute suspect | On or near Newlands Close |
Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Yew Tree Close |
Feb 2024 | Possession of weapons | Under investigation | On or near Ferndown |
Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ferndown |