£810,627
This estimated value is based upon the latest sale price for the house of £488,000 on 22 Jul 2013. 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 |
|---|---|
| £488,000 | 22 Jul 2013 |
| £130,000 | 2 Jul 1997 |
| Terraced |
| Freehold |
| Floor Area: 109 sq meters or 1,174 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 July 2013 the House Price Index for SURREY was 89.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 66.112%.Applying this 66.112% change to the original purchase price of £488,000 results in an estimated price of approximately £810,627.
| 22 Jul 2013 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 89.5 | 148.6 | 66.112 % | £488,000 | £322,627 | £810,627 |
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 | 57.918 % | £282,641 | £770,641 |
| 3 Month Average | 7.156 % | £34,921 | £522,921 |
| 6 Month Average | 31.957 % | £155,952 | £643,952 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Nov 2023 | £268,982 | £265,000 | FLAT 5 LINDEN COURT LESBOURNE ROAD |
| 18 Aug 2023 | £232,030 | £230,000 | FLAT 19 PARK VIEW, 105 BELL STREET |
| 31 Mar 2023 | £423,995 | £420,000 | 15A LESBOURNE ROAD |
| 25 Oct 2022 | £158,296 | £160,000 | 4 HAMILTON HOUSE BELL STREET |
| 14 Oct 2022 | £551,561 | £557,500 | FLAT 12 LINDEN COURT LESBOURNE ROAD |
This house has a floor area of 109 sq meters or 1,174 sq feet when measured on 28 May 2009. Using an estimated price of £810,628 means this house is valued at £7,431 per sq meter (£690 per sq foot).
The average size of a house on BELL STREET is 77 sq meters (835 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Mulberry Close |
| Jan 2024 | Anti-social behaviour | On or near Mulberry Close | |
| Jan 2024 | Anti-social behaviour | On or near Mulberry Close | |
| Jan 2024 | Anti-social behaviour | On or near Mulberry Close | |
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Conference/Exhibition Centre |