£626,473
This estimated value is based upon the latest sale price for the house of £575,000 on 5 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 |
|---|---|
| £575,000 | 5 Nov 2021 |
| £320,000 | 17 Apr 2009 |
| £301,000 | 27 Mar 2008 |
| Detached |
| Freehold |
| Floor Area: 120 sq meters or 1,297 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 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 £575,000 results in an estimated price of approximately £626,473.
| 5 Nov 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 149.7 | 8.952 % | £575,000 | £51,473 | £626,473 |
The Postcode Pricing Model uses changes in average sales price within the RH1 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 | 6.681 % | £38,416 | £613,416 |
| 3 Month Average | -11.366 % | £-65,353 | £509,646 |
| 6 Month Average | 13.390 % | £76,994 | £651,994 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 6 Jan 2023 | £401,072 | £400,000 | 7 BRAMBLE CLOSE |
| 28 Jul 2022 | £529,051 | £523,750 | 12 KNIGHTON ROAD |
| 13 May 2022 | £292,623 | £285,000 | 1 ASH DRIVE |
| 15 Feb 2022 | £375,042 | £355,000 | 7 ASH DRIVE |
| 27 Jan 2022 | £614,915 | £580,000 | 32 LINNELL ROAD |
This house has a floor area of 120 sq meters or 1,297 sq feet when measured on 30 Jan 2009. Using an estimated price of £626,474 means this house is valued at £5,198 per sq meter (£482 per sq foot).
The average size of a house on BRAMBLETYE PARK ROAD is 109 sq meters (1,178 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mostyn Terrace |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Ash Drive |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Knighton Road |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Knighton Road |
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ifold Road |