£710,355
This estimated value is based upon the latest sale price for the house of £575,000 on 2 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 |
|---|---|
| £575,000 | 2 Oct 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 146 sq meters or 1,571 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 May 2024 is 149.7 which is a change of 23.540%.Applying this 23.540% change to the original purchase price of £575,000 results in an estimated price of approximately £710,355.
| 2 Oct 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.2 | 149.7 | 23.540 % | £575,000 | £135,355 | £710,355 |
The Postcode Pricing Model uses changes in average sales price within the RH2 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 | 1.491 % | £8,572 | £583,572 |
| 3 Month Average | -0.135 % | £-778 | £574,221 |
| 6 Month Average | 8.553 % | £49,182 | £624,182 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £387,500 | £387,500 | 11 HARLOW COURT WRAY COMMON ROAD |
| 20 Jun 2023 | £1,275,562 | £1,250,000 | 2 BLANFORD MEWS |
| 2 Jun 2023 | £918,405 | £900,000 | 6 FITZROY PLACE |
| 13 Feb 2023 | £392,623 | £390,000 | 7 HARLOW COURT WRAY COMMON ROAD |
| 18 Jul 2022 | £315,663 | £312,500 | 5 HARLOW COURT WRAY COMMON ROAD |
This house has a floor area of 146 sq meters or 1,571 sq feet when measured on 25 Feb 2019. Using an estimated price of £710,355 means this house is valued at £4,865 per sq meter (£452 per sq foot).
The average size of a house on BLANFORD MEWS is 142 sq meters (1,531 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Vehicle crime | Unable to prosecute suspect | On or near Fitzroy Place |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Beech Drive |
| Jun 2024 | Other crime | Under investigation | On or near Beech Drive |
| Jun 2024 | Possession of weapons | Unable to prosecute suspect | On or near Beech Drive |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Drive |