£620,078
This estimated value is based upon the latest sale price for the house of £129,995 on 9 Apr 1998. 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 |
|---|---|
| £129,995 | 9 Apr 1998 |
| £45,000 | 18 Dec 1997 |
| 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 1998 the House Price Index for SURREY was 31.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 377.002%.Applying this 377.002% change to the original purchase price of £129,995 results in an estimated price of approximately £620,078.
| 9 Apr 1998 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 31.4 | 149.7 | 377.002 % | £129,995 | £490,083 | £620,078 |
The Postcode Pricing Model uses changes in average sales price within the RH2 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 | 378.066 % | £491,466 | £621,461 |
| 3 Month Average | 317.801 % | £413,125 | £543,120 |
| 6 Month Average | 341.826 % | £444,356 | £574,351 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Dec 2023 | £562,278 | £545,000 | 6 SOMERS GATE |
| 21 Apr 2023 | £585,960 | £575,000 | 9 SOMERS GATE |
| 21 Apr 2023 | £642,008 | £630,000 | 7 SOMERS GATE |
| 4 Nov 2022 | £701,719 | £705,000 | 126 DOVERS GREEN ROAD |
| 14 Oct 2022 | £622,919 | £625,000 | 144 DOVERS GREEN ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Anti-social behaviour | On or near Castle Close | |
| Jun 2024 | Anti-social behaviour | On or near Castle Close | |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Castle Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Castle Close |