£809,917
This estimated value is based upon the latest sale price for the house of £520,000 on 9 May 2014. 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 |
|---|---|
| £520,000 | 9 May 2014 |
| Detached |
| Freehold |
| Floor Area: 155 sq meters or 1,668 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 May 2014 the House Price Index for SURREY was 96.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 55.753%.Applying this 55.753% change to the original purchase price of £520,000 results in an estimated price of approximately £809,917.
| 9 May 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 96.1 | 149.7 | 55.753 % | £520,000 | £289,917 | £809,917 |
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 | 84.061 % | £437,116 | £957,116 |
| 3 Month Average | 45.122 % | £234,631 | £754,631 |
| 6 Month Average | 47.601 % | £247,527 | £767,527 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 May 2024 | £450,000 | £450,000 | 1 BROCKHAM KEEP |
| 8 Dec 2023 | £333,240 | £323,000 | 14 BARLEYMEAD |
| 13 Nov 2023 | £502,762 | £490,000 | 4 BROCKHAM KEEP |
| 17 Aug 2023 | £493,908 | £485,000 | 5 RUDGWICK KEEP |
| 2 Aug 2023 | £509,184 | £500,000 | 4 RUDGWICK KEEP |
This house has a floor area of 155 sq meters or 1,668 sq feet when measured on 15 May 2012. Using an estimated price of £809,917 means this house is valued at £5,225 per sq meter (£485 per sq foot).
The average size of a house on LANGSHOTT LANE is 139 sq meters (1,498 sq feet).
This house is the largest in the street with a floor area of 155 sq meters (1,668 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near The Meadway | |
| Sep 2024 | Anti-social behaviour | On or near The Meadway | |
| Oct 2024 | Bicycle theft | Under investigation | On or near Albury Keep |
| Oct 2024 | Shoplifting | Local resolution | On or near Albury Keep |
| Sep 2024 | Other theft | Under investigation | On or near Albury Keep |