£564,138
This estimated value is based upon the latest sale price for the house of £442,500 on 28 Jul 2017. 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 |
|---|---|
| £442,500 | 28 Jul 2017 |
| £340,000 | 19 Apr 2013 |
| £297,500 | 24 Nov 2006 |
| £166,000 | 29 Oct 1999 |
| £140,000 | 10 Sep 1998 |
| Detached |
| Freehold |
| Floor Area: 94 sq meters or 1,011 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 July 2017 the House Price Index for SURREY was 116.6.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 27.489%.Applying this 27.489% change to the original purchase price of £442,500 results in an estimated price of approximately £564,138.
| 28 Jul 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 116.6 | 148.6 | 27.489 % | £442,500 | £121,638 | £564,138 |
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 | 49.435 % | £218,748 | £661,248 |
| 3 Month Average | 11.987 % | £53,040 | £495,540 |
| 6 Month Average | -1.234 % | £-5,459 | £437,040 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Feb 2023 | £297,300 | £297,500 | 7 RICKWOOD |
| 5 Sep 2022 | £681,993 | £687,500 | 3 COLLINGWOOD CLOSE |
| 2 Sep 2022 | £540,634 | £545,000 | 16 BIRCHWOOD CLOSE |
| 19 Jul 2022 | £486,309 | £485,000 | 8 THATCHERS CLOSE |
| 30 Jun 2022 | £147,079 | £145,000 | 30 RICKWOOD |
This house has a floor area of 94 sq meters or 1,011 sq feet when measured on 2 Mar 2017. Using an estimated price of £564,138 means this house is valued at £6,001 per sq meter (£557 per sq foot).
The average size of a house on BIRCHWOOD CLOSE is 115 sq meters (1,240 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Under investigation | On or near Jubilee Close |
| Dec 2023 | Public order | Investigation complete; no suspect identified | On or near Jubilee Close |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Homefield Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Whitecroft |