£427,703
This estimated value is based upon the latest sale price for the house of £350,000 on 26 Sep 2019. 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 |
|---|---|
| £350,000 | 26 Sep 2019 |
| £250,000 | 29 Nov 2012 |
| £250,000 | 15 Jun 2006 |
| £139,000 | 2 May 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 100 sq meters or 1,081 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 September 2019 the House Price Index for SURREY was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.201%.Applying this 22.201% change to the original purchase price of £350,000 results in an estimated price of approximately £427,703.
| 26 Sep 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.201 % | £350,000 | £77,703 | £427,703 |
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 | 23.043 % | £80,651 | £430,651 |
| 3 Month Average | 31.878 % | £111,573 | £461,573 |
| 6 Month Average | 2.710 % | £9,486 | £359,486 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £484,160 | £475,000 | 22 WESLEY CLOSE |
| 27 Jul 2023 | £429,059 | £425,000 | 17 BAKEHOUSE ROAD |
| 21 Jul 2023 | £514,870 | £510,000 | 2 KILN LANE |
| 28 Jun 2023 | £499,046 | £495,000 | 25 BAKEHOUSE ROAD |
| 28 Jun 2023 | £450,654 | £447,000 | 13 KILN LANE |
This house has a floor area of 100 sq meters or 1,081 sq feet when measured on 14 Nov 2011. Using an estimated price of £427,704 means this house is valued at £4,256 per sq meter (£395 per sq foot).
The average size of a house on BAKEHOUSE ROAD is 105 sq meters (1,140 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Ferndown |
| Feb 2024 | Possession of weapons | Under investigation | On or near Ferndown |
| Apr 2024 | Other theft | Under investigation | On or near Wesley Close |
| Jan 2024 | Violence and sexual offences | Awaiting court outcome | On or near Wesley Close |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Wesley Close |