£429,723
This estimated value is based upon the latest sale price for the house of £330,000 on 10 Apr 2017. 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 |
|---|---|
| £330,000 | 10 Apr 2017 |
| £250,000 | 26 Nov 2013 |
| £205,000 | 10 Oct 2009 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 April 2017 the House Price Index for SURREY was 115.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.219%.Applying this 30.219% change to the original purchase price of £330,000 results in an estimated price of approximately £429,723.
| 10 Apr 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.0 | 149.7 | 30.219 % | £330,000 | £99,723 | £429,723 |
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 | 44.624 % | £147,259 | £477,259 |
| 3 Month Average | 3.146 % | £10,380 | £340,380 |
| 6 Month Average | 18.258 % | £60,252 | £390,252 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Nov 2023 | £359,116 | £350,000 | 15 OAKLANDS |
| 30 Jun 2023 | £400,016 | £392,000 | 1 OAKLANDS |
| 3 Mar 2023 | £366,114 | £360,000 | 3 BROADMEAD |
| 27 Apr 2022 | £319,526 | £308,000 | 21 OAKLANDS |
| 4 Mar 2022 | £346,586 | £332,000 | 10 BROADMEAD |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 4 Jun 2009. Using an estimated price of £429,723 means this house is valued at £5,509 per sq meter (£511 per sq foot).
The average size of a house on WHEATFIELD WAY is 110 sq meters (1,190 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Saxley |
| Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Saxley |
| Sep 2024 | Burglary | Under investigation | On or near Broadlands |
| Sep 2024 | Anti-social behaviour | On or near Broadmead | |
| Sep 2024 | Anti-social behaviour | On or near Broadmead |