£365,601
This estimated value is based upon the latest sale price for the house of £195,000 on 15 Apr 2005. 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 |
|---|---|
| £195,000 | 15 Apr 2005 |
| Semi-Detached |
| Freehold |
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 April 2005 the House Price Index for SURREY was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.488%.Applying this 87.488% change to the original purchase price of £195,000 results in an estimated price of approximately £365,601.
| 15 Apr 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.488 % | £195,000 | £170,601 | £365,601 |
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 | 143.606 % | £280,030 | £475,030 |
| 3 Month Average | 108.113 % | £210,819 | £405,819 |
| 6 Month Average | 107.467 % | £209,560 | £404,560 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £278,833 | £272,500 | FLAT 10 WESTSIDE HOUSE DUNRAVEN AVENUE |
| 5 Sep 2023 | £562,398 | £550,000 | 179 HONEYCROCK LANE |
| 19 Apr 2023 | £3,159,088 | £3,100,000 | UNIT 14 PERRYWOOD BUSINESS PARK |
| 14 Mar 2023 | £480,525 | £472,500 | 8 DUNRAVEN AVENUE |
| 16 Sep 2022 | £14,990 | £15,000 | 2 DUNRAVEN AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Vehicle crime | Under investigation | On or near Axes Lane |
| Sep 2024 | Anti-social behaviour | On or near Honeycrock Lane | |
| Sep 2024 | Anti-social behaviour | On or near Honeycrock Lane | |
| Sep 2024 | Anti-social behaviour | On or near Honeycrock Lane | |
| Nov 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Salfords |