£447,784
This estimated value is based upon the latest sale price for the house of £362,500 on 22 Feb 2019. 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 |
|---|---|
| £362,500 | 22 Feb 2019 |
| £274,550 | 21 Dec 2012 |
| Terraced |
| Freehold |
| Floor Area: 76 sq meters or 818 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 February 2019 the House Price Index for SURREY was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.527%.Applying this 23.527% change to the original purchase price of £362,500 results in an estimated price of approximately £447,784.
| 22 Feb 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.527 % | £362,500 | £85,284 | £447,784 |
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 | 71.166 % | £257,977 | £620,477 |
| 3 Month Average | 29.742 % | £107,815 | £470,315 |
| 6 Month Average | 2.962 % | £10,737 | £373,237 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Sep 2023 | £374,792 | £370,000 | 17 BLACKSMITH ROAD |
| 8 Sep 2023 | £417,336 | £412,000 | 146 BROOKFIELD DRIVE |
| 21 Jul 2023 | £413,566 | £408,000 | 155 BROOKFIELD DRIVE |
| 31 Mar 2023 | £1,438,553 | £1,425,000 | GREAT LAKE FARMHOUSE LAKE LANE |
| 29 Sep 2022 | £422,587 | £426,000 | 83 BROOKFIELD DRIVE |
This house has a floor area of 76 sq meters or 818 sq feet when measured on 24 May 2012. Using an estimated price of £447,785 means this house is valued at £5,891 per sq meter (£547 per sq foot).
The average size of a house on WOODMAN WAY is 127 sq meters (1,373 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Woodman Way |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lake Lane |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Lake Lane |
| Mar 2024 | Other theft | Under investigation | On or near Blacksmith Road |
| Feb 2024 | Other theft | Under investigation | On or near Blacksmith Road |