£382,009
This estimated value is based upon the latest sale price for the house of £220,000 on 13 Dec 2011. 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 |
---|---|
£220,000 | 13 Dec 2011 |
Semi-Detached |
Freehold |
Floor Area: 78 sq meters or 842 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 December 2011 the House Price Index for SURREY was 86.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 73.641%.Applying this 73.641% change to the original purchase price of £220,000 results in an estimated price of approximately £382,009.
13 Dec 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.2 | 149.7 | 73.641 % | £220,000 | £162,009 | £382,009 |
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 | 76.646 % | £168,621 | £388,621 |
3 Month Average | 57.032 % | £125,470 | £345,470 |
6 Month Average | 62.945 % | £138,479 | £358,479 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Apr 2024 | £363,154 | £360,000 | 18 WINDMILL CLOSE |
23 Apr 2024 | £490,076 | £485,820 | 1 SMALLFIELD ROAD |
17 Nov 2023 | £18,469 | £18,000 | 65 BALCOMBE ROAD |
23 Aug 2023 | £402,255 | £395,000 | 16 SMALLMEAD |
24 Feb 2023 | £453,026 | £450,000 | 12 GATWICK METRO CENTRE |
This house has a floor area of 78 sq meters or 842 sq feet when measured on 7 Jul 2011. Using an estimated price of £382,010 means this house is valued at £4,881 per sq meter (£453 per sq foot).
The average size of a house on SMALLFIELD ROAD is 123 sq meters (1,330 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Smallmead |
Jul 2024 | Anti-social behaviour | On or near Station Road | |
Jul 2024 | Public order | Under investigation | On or near Station Road |
Jul 2024 | Drugs | Under investigation | On or near Station Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Station Road |