£357,901
This estimated value is based upon the latest sale price for the house of £355,000 on 23 Jun 2023. This value is then adjusted by the current Official House Price Index for SURREY 1
There has been one burglary within the last year on or near Parkway
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2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
| Price Paid | Date |
|---|---|
| £355,000 | 23 Jun 2023 |
| £235,000 | 30 Sep 2005 |
| £120,000 | 30 Mar 2001 |
| £103,000 | 17 Sep 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 56 sq meters or 602 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 June 2023 the House Price Index for SURREY was 146.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 0.817%.Applying this 0.817% change to the original purchase price of £355,000 results in an estimated price of approximately £357,901.
| 23 Jun 2023 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.8 | 148.0 | 0.817 % | £355,000 | £2,901 | £357,901 |
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 | -29.688 % | £-105,393 | £249,606 |
| 3 Month Average | 23.289 % | £82,675 | £437,675 |
| 6 Month Average | -1.522 % | £-5,402 | £349,597 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £401,356 | £400,000 | 14 PARKWAY |
| 6 Dec 2023 | £224,242 | £220,000 | 94A BRIGHTON ROAD |
| 10 Nov 2023 | £430,527 | £425,000 | 142 LUMLEY ROAD |
| 23 Jun 2023 | £357,902 | £355,000 | 142 ALBERT ROAD |
| 28 Feb 2023 | £517,552 | £520,000 | 102 ALBERT ROAD |
This house has a floor area of 56 sq meters or 602 sq feet when measured on 12 Apr 2018. Using an estimated price of £357,902 means this house is valued at £6,391 per sq meter (£593 per sq foot).
The average size of a house on ALBERT ROAD is 76 sq meters (825 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Parkway |
| Feb 2024 | Burglary | Investigation complete; no suspect identified | On or near Parkway |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Park View |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Queens Road |
| Mar 2024 | Anti-social behaviour | On or near Le May Close |