£242,687
This estimated value is based upon the latest sale price for the house of £163,000 on 27 Feb 2015. 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 |
---|---|
£163,000 | 27 Feb 2015 |
£137,500 | 17 May 2007 |
£83,000 | 20 Jul 2001 |
£67,500 | 23 Sep 1999 |
£41,000 | 6 Dec 1996 |
Flats/Maisonettes |
Leasehold |
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 2015 the House Price Index for SURREY was 100.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.888%.Applying this 48.888% change to the original purchase price of £163,000 results in an estimated price of approximately £242,687.
27 Feb 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
100.5 | 149.7 | 48.888 % | £163,000 | £79,687 | £242,687 |
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 | 20.086 % | £32,739 | £195,739 |
3 Month Average | 45.383 % | £73,974 | £236,974 |
6 Month Average | 39.719 % | £64,742 | £227,742 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
10 May 2024 | £230,000 | £230,000 | 34 GARIBALDI ROAD |
13 Dec 2023 | £148,565 | £144,000 | FLAT C 132 GARLANDS ROAD |
5 Oct 2023 | £507,527 | £496,000 | 140 GARLANDS ROAD |
29 Sep 2023 | £496,955 | £486,000 | 120 GARLANDS ROAD |
11 Sep 2023 | £171,276 | £167,500 | FLAT 9 135 BRIGHTON ROAD |
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near A23 |
Apr 2024 | Other theft | Unable to prosecute suspect | On or near A23 |
May 2024 | Other crime | Unable to prosecute suspect | On or near Garibaldi Road |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Garibaldi Road |
Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Brighton Road |