£507,545
This estimated value is based upon the latest sale price for the house of £425,000 on 5 Aug 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 |
---|---|
£425,000 | 5 Aug 2020 |
£364,995 | 25 Apr 2014 |
Semi-Detached |
Freehold |
Floor Area: 119 sq meters or 1,280 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 August 2020 the House Price Index for SURREY was 123.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 19.422%.Applying this 19.422% change to the original purchase price of £425,000 results in an estimated price of approximately £507,545.
5 Aug 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
123.9 | 148.0 | 19.422 % | £425,000 | £82,545 | £507,545 |
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 | 1.286 % | £5,464 | £430,464 |
3 Month Average | 44.420 % | £188,783 | £613,783 |
6 Month Average | 12.131 % | £51,558 | £476,558 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Jul 2023 | £411,896 | £408,000 | 155 BROOKFIELD DRIVE |
24 Jan 2022 | £503,116 | £480,000 | 102 BROOKFIELD DRIVE |
29 Sep 2021 | £311,240 | £290,000 | 23 BLACKSMITH ROAD |
30 Jun 2021 | £470,181 | £440,000 | 1 BLACKSMITH ROAD |
20 May 2021 | £307,255 | £273,000 | FLAT 1 DEW COURT, 170 BROOKFIELD DRIVE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 4 Apr 2014. Using an estimated price of £507,545 means this house is valued at £4,265 per sq meter (£396 per sq foot).
The average size of a house on BROOKFIELD DRIVE is 118 sq meters (1,271 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blacksmith Road |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blacksmith Road |
Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Blacksmith Road |
Feb 2024 | Other theft | Under investigation | On or near Blacksmith Road |
Feb 2024 | Other theft | Under investigation | On or near Blacksmith Road |