£490,283
This estimated value is based upon the latest sale price for the house of £450,000 on 25 Nov 2021. 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 |
|---|---|
| £450,000 | 25 Nov 2021 |
| 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 November 2021 the House Price Index for SURREY was 137.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.952%.Applying this 8.952% change to the original purchase price of £450,000 results in an estimated price of approximately £490,283.
| 25 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £450,000 | £40,283 | £490,283 |
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 | 17.067 % | £76,801 | £526,801 |
| 3 Month Average | -22.455 % | £-101,048 | £348,951 |
| 6 Month Average | -8.511 % | £-38,301 | £411,698 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £523,036 | £515,000 | 18 CASTLE DRIVE |
| 30 Nov 2023 | £646,408 | £630,000 | 12 CASTLE DRIVE |
| 30 Jun 2023 | £489,816 | £480,000 | 173 BALCOMBE ROAD |
| 21 Jul 2022 | £484,454 | £479,600 | 7 HAROLDSLEA DRIVE |
| 25 Nov 2021 | £490,284 | £450,000 | 11 HAROLDSLEA CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Haroldslea Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Haroldslea Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Drive |