£473,650
This estimated value is based upon the latest sale price for the house of £310,000 on 21 Jul 2014. 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 |
|---|---|
| £310,000 | 21 Jul 2014 |
| Semi-Detached |
| Freehold |
| Floor Area: 74 sq meters or 796 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 July 2014 the House Price Index for SURREY was 97.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 52.790%.Applying this 52.790% change to the original purchase price of £310,000 results in an estimated price of approximately £473,650.
| 21 Jul 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 148.6 | 52.790 % | £310,000 | £163,650 | £473,650 |
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 | 105.938 % | £328,406 | £638,406 |
| 3 Month Average | 56.915 % | £176,435 | £486,435 |
| 6 Month Average | 38.064 % | £117,997 | £427,997 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jul 2023 | £590,954 | £583,000 | HONEYBEE MEATH GREEN LANE |
| 6 Apr 2023 | £465,007 | £460,000 | 14 BAY CLOSE |
| 11 Aug 2022 | £523,591 | £525,000 | 52 POYNES ROAD |
| 29 Jun 2022 | £583,242 | £575,000 | 16 PALMER CLOSE |
| 24 Jun 2022 | £15,215 | £15,000 | TARIDA, 50A MEATH GREEN LANE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 31 Mar 2014. Using an estimated price of £473,650 means this house is valued at £6,400 per sq meter (£594 per sq foot).
The average size of a house on POYNES ROAD is 101 sq meters (1,096 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Palmer Close |
| Mar 2024 | Other theft | Under investigation | On or near Poynes Road |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Tarham Close |
| Dec 2023 | Possession of weapons | Under investigation | On or near Tarham Close |
| Jan 2024 | Other theft | Under investigation | On or near Denoras Close |