£1,678,265
This estimated value is based upon the latest sale price for the house of £1,366,000 on 7 Dec 2018. 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 |
|---|---|
| £1,366,000 | 7 Dec 2018 |
| Detached |
| Freehold |
| Floor Area: 275 sq meters or 2,960 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 2018 the House Price Index for SURREY was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.860%.Applying this 22.860% change to the original purchase price of £1,366,000 results in an estimated price of approximately £1,678,265.
| 7 Dec 2018 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.860 % | £1,366,000 | £312,265 | £1,678,265 |
The Postcode Pricing Model uses changes in average sales price within the RH2 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 | 26.628 % | £363,732 | £1,729,732 |
| 3 Month Average | -10.856 % | £-148,289 | £1,217,710 |
| 6 Month Average | -7.708 % | £-105,290 | £1,260,709 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Jul 2023 | £471,965 | £467,500 | FLAT 1 WRAY COPPICE OAKS ROAD |
| 27 Jan 2023 | £683,992 | £690,000 | 25 GATTON ROAD |
| 11 Nov 2022 | £1,298,936 | £1,320,000 | 5 GREYSTONES DRIVE |
| 25 Aug 2022 | £1,485,960 | £1,496,000 | 15 GREYSTONES DRIVE |
| 18 Jul 2022 | £1,223,347 | £1,225,000 | 6 GATTON CLOSE |
This house has a floor area of 275 sq meters or 2,960 sq feet when measured on 14 Aug 2015. Using an estimated price of £1,678,265 means this house is valued at £6,102 per sq meter (£566 per sq foot).
The average size of a house on GATTON ROAD is 266 sq meters (2,864 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greystones Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greystones Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greystones Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greystones Drive |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Greystones Drive |