£362,740
This estimated value is based upon the latest sale price for the house of £230,000 on 28 Feb 2014. 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 |
|---|---|
| £230,000 | 28 Feb 2014 |
| £190,000 | 3 Oct 2006 |
| £56,500 | 22 Mar 1996 |
| 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 February 2014 the House Price Index for SURREY was 93.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 57.713%.Applying this 57.713% change to the original purchase price of £230,000 results in an estimated price of approximately £362,740.
| 28 Feb 2014 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.0 | 57.713 % | £230,000 | £132,740 | £362,740 |
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 | 38.751 % | £89,128 | £319,128 |
| 3 Month Average | 83.538 % | £192,137 | £422,137 |
| 6 Month Average | 43.604 % | £100,289 | £330,289 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Feb 2023 | £492,670 | £495,000 | 64 CHARLESFIELD ROAD |
| 27 Jan 2023 | £515,472 | £520,000 | 2 CHANTRY CLOSE |
| 29 Jun 2022 | £388,942 | £385,000 | BRANSCOMBE CHARLESFIELD ROAD |
| 24 Jan 2022 | £450,708 | £430,000 | 4 HEVERS AVENUE |
| 5 Nov 2021 | £409,316 | £380,000 | 24 CHARLESFIELD ROAD |
This house has a floor area of 66 sq meters or 710 sq feet when measured on 23 Oct 2013. Using an estimated price of £362,740 means this house is valued at £5,496 per sq meter (£510 per sq foot).
The average size of a house on CHARLESFIELD ROAD is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Charlesfield Road |
| Apr 2024 | Anti-social behaviour | On or near Charlesfield Road | |
| Apr 2024 | Other theft | Under investigation | On or near Hevers Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hevers Avenue |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Hevers Avenue |