£758,345
This estimated value is based upon the latest sale price for the house of £625,000 on 6 Mar 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 |
|---|---|
| £625,000 | 6 Mar 2020 |
| £425,000 | 21 Nov 2014 |
| Terraced |
| Freehold |
| Floor Area: 111 sq meters or 1,194 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 2020 the House Price Index for SURREY was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £625,000 results in an estimated price of approximately £758,345.
| 6 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £625,000 | £133,345 | £758,345 |
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 | 8.157 % | £50,982 | £675,982 |
| 3 Month Average | 12.969 % | £81,054 | £706,054 |
| 6 Month Average | 10.732 % | £67,075 | £692,075 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Sep 2023 | £534,278 | £522,500 | 34 GLOVERS ROAD |
| 25 Apr 2023 | £749,010 | £735,000 | 4 ALBION ROAD |
| 21 Oct 2022 | £264,118 | £265,000 | 1 ALBION MEWS |
| 17 Jun 2022 | £715,290 | £700,000 | 16 BLACKBOROUGH ROAD |
| 16 Jun 2022 | £513,987 | £503,000 | 20 GLOVERS ROAD |
This house has a floor area of 111 sq meters or 1,194 sq feet when measured on 29 Oct 2019. Using an estimated price of £758,345 means this house is valued at £6,831 per sq meter (£634 per sq foot).
The average size of a house on ALBION ROAD is 101 sq meters (1,093 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chart Lane |
| Oct 2024 | Anti-social behaviour | On or near Chart Lane | |
| Oct 2024 | Anti-social behaviour | On or near Chart Lane | |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near West Road |
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Cockshot Road |