£699,004
This estimated value is based upon the latest sale price for the house of £570,000 on 17 Oct 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 |
|---|---|
| £570,000 | 17 Oct 2019 |
| Detached |
| Freehold |
| Floor Area: 122 sq meters or 1,313 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 October 2019 the House Price Index for SURREY was 121.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.632%.Applying this 22.632% change to the original purchase price of £570,000 results in an estimated price of approximately £699,004.
| 17 Oct 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 148.6 | 22.632 % | £570,000 | £129,004 | £699,004 |
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 | 74.904 % | £426,952 | £996,952 |
| 3 Month Average | 20.721 % | £118,110 | £688,110 |
| 6 Month Average | -0.189 % | £-1,075 | £568,924 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Aug 2023 | £726,354 | £720,000 | 32 BALCOMBE GARDENS |
| 4 Aug 2023 | £537,704 | £533,000 | 27 BALCOMBE GARDENS |
| 29 Apr 2022 | £517,989 | £503,000 | 38 AVENUE GARDENS |
| 8 Apr 2022 | £885,627 | £860,000 | 32 AVENUE GARDENS |
| 6 Jan 2022 | £631,971 | £600,500 | 7 BALCOMBE GARDENS |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 16 May 2019. Using an estimated price of £699,004 means this house is valued at £5,729 per sq meter (£532 per sq foot).
The average size of a house on SILVERLEA GARDENS is 133 sq meters (1,438 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Avenue Gardens |
| Mar 2024 | Vehicle crime | Under investigation | On or near Avenue Gardens |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Avenue Gardens |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Brookwood Park |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Brookwood Park |