£568,271
This estimated value is based upon the latest sale price for the house of £335,000 on 15 Sep 2006. 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 |
|---|---|
| £335,000 | 15 Sep 2006 |
| 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 September 2006 the House Price Index for SURREY was 87.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 69.633%.Applying this 69.633% change to the original purchase price of £335,000 results in an estimated price of approximately £568,271.
| 15 Sep 2006 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.2 | 148.0 | 69.633 % | £335,000 | £233,271 | £568,271 |
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 | 62.938 % | £210,843 | £545,843 |
| 3 Month Average | 121.166 % | £405,906 | £740,906 |
| 6 Month Average | 79.058 % | £264,842 | £599,842 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Mar 2024 | £326,102 | £325,000 | 28 GRASSMERE |
| 21 Apr 2023 | £387,883 | £385,000 | 26 GRASSMERE |
| 23 Feb 2023 | £622,058 | £625,000 | 27 HERITAGE LAWN |
| 10 Dec 2021 | £485,508 | £455,000 | 13 FLINT CLOSE |
| 28 Sep 2021 | £560,769 | £522,500 | 3 HERITAGE LAWN |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Flint Close |
| Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Jubilee Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Jubilee Close |
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Maizecroft |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Whitecroft |