£420,187
This estimated value is based upon the latest sale price for the house of £340,000 on 19 Dec 2019. 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 |
|---|---|
| £340,000 | 19 Dec 2019 |
| £215,000 | 20 Jun 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 107 sq meters or 1,151 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 2019 the House Price Index for SURREY was 121.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.585%.Applying this 23.585% change to the original purchase price of £340,000 results in an estimated price of approximately £420,187.
| 19 Dec 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 149.7 | 23.585 % | £340,000 | £80,187 | £420,187 |
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 | -0.633 % | £-2,151 | £337,848 |
| 3 Month Average | 4.042 % | £13,741 | £353,741 |
| 6 Month Average | 15.505 % | £52,716 | £392,716 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £633,583 | £617,500 | 123 LONDON ROAD |
| 29 Sep 2023 | £173,832 | £170,000 | FLAT 6 LYNDALE COURT, 149 LONDON ROAD |
| 15 Aug 2023 | £178,214 | £175,000 | FLAT 7 LYNDALE COURT, 149 LONDON ROAD |
| 19 Jun 2023 | £428,589 | £420,000 | 7 LYNDALE ROAD |
| 2 Jun 2023 | £469,407 | £460,000 | 14 LYNDALE ROAD |
This house has a floor area of 107 sq meters or 1,151 sq feet when measured on 20 Apr 2019. Using an estimated price of £420,187 means this house is valued at £3,926 per sq meter (£364 per sq foot).
The average size of a house on LONDON ROAD is 72 sq meters (776 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Ranmore Close | |
| Oct 2024 | Anti-social behaviour | On or near Ranmore Close | |
| Oct 2024 | Anti-social behaviour | On or near Ranmore Close | |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Lyndale Road |
| Sep 2024 | Possession of weapons | Under investigation | On or near Ranmore Close |