£264,930
This estimated value is based upon the latest sale price for the house of £215,000 on 22 May 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 |
|---|---|
| £215,000 | 22 May 2020 |
| £127,500 | 30 Jun 2011 |
| £139,500 | 22 Feb 2007 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 45 sq meters or 484 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 May 2020 the House Price Index for SURREY was 121.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.224%.Applying this 23.224% change to the original purchase price of £215,000 results in an estimated price of approximately £264,930.
| 22 May 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.5 | 149.7 | 23.224 % | £215,000 | £49,930 | £264,930 |
The Postcode Pricing Model uses changes in average sales price within the RH1 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 | -14.860 % | £-31,947 | £183,052 |
| 3 Month Average | 11.568 % | £24,870 | £239,870 |
| 6 Month Average | 20.654 % | £44,406 | £259,406 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £736,313 | £725,000 | 31 LYNWOOD ROAD |
| 8 Dec 2023 | £221,816 | £215,000 | FLAT 3 CLAREMONT HOUSE LONDON ROAD |
| 18 Aug 2023 | £738,316 | £725,000 | 39 LYNWOOD ROAD |
| 24 Feb 2023 | £276,849 | £275,000 | FLAT 1 BARRINGTON COURT LONDON ROAD |
| 25 Jan 2023 | £260,697 | £260,000 | FLAT 4 BELMONT HOUSE, 84 LONDON ROAD |
This house has a floor area of 45 sq meters or 484 sq feet when measured on 19 Nov 2010. Using an estimated price of £264,931 means this house is valued at £5,887 per sq meter (£546 per sq foot).
The average size of a house on FRENCHES COURT is 52 sq meters (568 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near London Road |
| Sep 2024 | Anti-social behaviour | On or near The Frenches | |
| Sep 2024 | Anti-social behaviour | On or near The Frenches | |
| Aug 2024 | Anti-social behaviour | On or near The Frenches | |
| Aug 2024 | Anti-social behaviour | On or near The Frenches |