£697,545
This estimated value is based upon the latest sale price for the house of £520,000 on 15 Jul 2016. 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 | 15 Jul 2016 |
£246,000 | 26 Jul 2001 |
Detached |
Freehold |
Floor Area: 118 sq meters or 1,270 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 2016 the House Price Index for SURREY was 111.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.143%.Applying this 34.143% change to the original purchase price of £520,000 results in an estimated price of approximately £697,545.
15 Jul 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
111.6 | 149.7 | 34.143 % | £520,000 | £177,545 | £697,545 |
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 | -15.056 % | £-78,293 | £441,706 |
3 Month Average | 0.395 % | £2,054 | £522,054 |
6 Month Average | 15.062 % | £78,323 | £598,323 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
9 Mar 2024 | £330,071 | £325,000 | 28 GRASSMERE |
21 Apr 2023 | £392,338 | £385,000 | 26 GRASSMERE |
21 Oct 2022 | £468,435 | £470,000 | 10 RAINBOW CLOSE |
5 Sep 2022 | £687,041 | £687,500 | 3 COLLINGWOOD CLOSE |
2 Sep 2022 | £544,636 | £545,000 | 16 BIRCHWOOD CLOSE |
This house has a floor area of 118 sq meters or 1,270 sq feet when measured on 21 Mar 2016. Using an estimated price of £697,545 means this house is valued at £5,911 per sq meter (£549 per sq foot).
The average size of a house on THE FIELDINGS is 127 sq meters (1,367 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jubilee Close |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Jubilee Close |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Flint Close |
May 2024 | Anti-social behaviour | On or near Grassmere | |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grassmere |