£451,901
This estimated value is based upon the latest sale price for the house of £372,000 on 7 Jan 2020. 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 |
|---|---|
| £372,000 | 7 Jan 2020 |
| £245,000 | 3 Jun 2008 |
| Terraced |
| Freehold |
| Floor Area: 74 sq meters or 796 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 January 2020 the House Price Index for SURREY was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £372,000 results in an estimated price of approximately £451,901.
| 7 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.8 | 148.0 | 21.479 % | £372,000 | £79,901 | £451,901 |
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 | 9.242 % | £34,381 | £406,381 |
| 3 Month Average | 32.596 % | £121,258 | £493,258 |
| 6 Month Average | 7.590 % | £28,235 | £400,235 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Mar 2024 | £264,026 | £263,134 | 30 BAY CLOSE |
| 14 Jul 2023 | £588,567 | £583,000 | HONEYBEE MEATH GREEN LANE |
| 6 Apr 2023 | £463,445 | £460,000 | 14 BAY CLOSE |
| 11 Aug 2022 | £521,477 | £525,000 | 52 POYNES ROAD |
| 29 Jun 2022 | £580,887 | £575,000 | 16 PALMER CLOSE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 16 Oct 2019. Using an estimated price of £451,902 means this house is valued at £6,106 per sq meter (£567 per sq foot).
The average size of a house on POYNES ROAD is 101 sq meters (1,096 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Other theft | Under investigation | On or near Poynes Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Tarham Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Palmer Close |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Palmer Close |
| Jan 2024 | Other theft | Under investigation | On or near Denoras Close |