£393,086
This estimated value is based upon the latest sale price for the house of £320,000 on 26 Jul 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 |
|---|---|
| £320,000 | 26 Jul 2019 |
| £235,000 | 24 Aug 2007 |
| £136,950 | 2 Apr 2001 |
| Terraced |
| 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 2019 the House Price Index for SURREY was 120.5.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.839%.Applying this 22.839% change to the original purchase price of £320,000 results in an estimated price of approximately £393,086.
| 26 Jul 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.5 | 148.0 | 22.839 % | £320,000 | £73,086 | £393,086 |
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 | -9.490 % | £-30,368 | £289,631 |
| 3 Month Average | 30.070 % | £96,225 | £416,225 |
| 6 Month Average | 4.732 % | £15,143 | £335,143 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Mar 2024 | £326,102 | £325,000 | 28 GRASSMERE |
| 17 Aug 2023 | £487,967 | £485,000 | 5 RUDGWICK KEEP |
| 2 Aug 2023 | £503,059 | £500,000 | 4 RUDGWICK KEEP |
| 26 Jul 2023 | £333,151 | £330,000 | WOODSTOCK, 3 OATLANDS |
| 21 Apr 2023 | £387,883 | £385,000 | 26 GRASSMERE |
This house has a floor area of 74 sq meters or 796 sq feet when measured on 21 Jan 2019. Using an estimated price of £393,086 means this house is valued at £5,311 per sq meter (£493 per sq foot).
The average size of a house on GRASSMERE is 75 sq meters (816 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| 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 |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Whitecroft |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brookwood |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hedingham Close |