£420,846
This estimated value is based upon the latest sale price for the house of £225,000 on 5 Mar 2009. 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 |
|---|---|
| £225,000 | 5 Mar 2009 |
| £189,500 | 13 Dec 2004 |
| Semi-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 March 2009 the House Price Index for SURREY was 80.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.043%.Applying this 87.043% change to the original purchase price of £225,000 results in an estimated price of approximately £420,846.
| 5 Mar 2009 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.0 | 149.7 | 87.043 % | £225,000 | £195,846 | £420,846 |
The Postcode Pricing Model uses changes in average sales price within the RH1 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 | 115.895 % | £260,764 | £485,764 |
| 3 Month Average | 106.552 % | £239,741 | £464,741 |
| 6 Month Average | 101.731 % | £228,894 | £453,894 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 11 Oct 2023 | £306,972 | £300,000 | 10 MANSFIELD DRIVE |
| 18 Aug 2023 | £361,520 | £355,000 | 6 PURBECK CLOSE |
| 21 Apr 2023 | £601,246 | £590,000 | 30 RADSTOCK WAY |
| 7 Mar 2023 | £508,492 | £500,000 | 1 SANDGATE TERRACE |
| 1 Mar 2023 | £218,652 | £215,000 | 23 HILDENLEY CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Drugs | Under investigation | On or near Purbeck Close |
| Oct 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Purbeck Close |
| Oct 2024 | Anti-social behaviour | On or near Purbeck Close | |
| Sep 2024 | Other theft | Investigation complete; no suspect identified | On or near Purbeck Close |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Purbeck Close |