£646,349
This estimated value is based upon the latest sale price for the house of £475,000 on 24 Mar 2016. 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 |
|---|---|
| £475,000 | 24 Mar 2016 |
| £337,500 | 10 Dec 2012 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 March 2016 the House Price Index for SURREY was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £475,000 results in an estimated price of approximately £646,349.
| 24 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 110.0 | 149.7 | 36.074 % | £475,000 | £171,349 | £646,349 |
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 | 21.880 % | £103,929 | £578,929 |
| 3 Month Average | 17.862 % | £84,845 | £559,845 |
| 6 Month Average | 36.504 % | £173,395 | £648,395 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Jun 2023 | £204,090 | £200,000 | FLAT 10 LADBROKE COURT, 122 LADBROKE ROAD |
| 24 May 2022 | £197,649 | £192,500 | 2 ABBOTS RISE |
| 25 Mar 2022 | £328,839 | £315,000 | 7 ABBOTS RISE |
| 4 Mar 2022 | £260,983 | £250,000 | 40 ABBOTS RISE |
| 14 Jul 2021 | £243,132 | £210,000 | FLAT 16 LADBROKE COURT, 122 LADBROKE ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 23 May 2012. Using an estimated price of £646,350 means this house is valued at £6,275 per sq meter (£582 per sq foot).
The average size of a house on LADBROKE ROAD is 72 sq meters (781 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Investigation complete; no suspect identified | On or near Wiggie Lane |
| Aug 2024 | Anti-social behaviour | On or near Wiggie Lane | |
| Aug 2024 | Anti-social behaviour | On or near Wiggie Lane | |
| Aug 2024 | Anti-social behaviour | On or near Wiggie Lane | |
| Jul 2024 | Other theft | Investigation complete; no suspect identified | On or near Abbots Rise |