£674,090
This estimated value is based upon the latest sale price for the house of £520,000 on 3 May 2017. 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 | 3 May 2017 |
| 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 May 2017 the House Price Index for SURREY was 115.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 29.633%.Applying this 29.633% change to the original purchase price of £520,000 results in an estimated price of approximately £674,090.
| 3 May 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 115.5 | 149.7 | 29.633 % | £520,000 | £154,090 | £674,090 |
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 | 6.401 % | £33,287 | £553,287 |
| 3 Month Average | 12.015 % | £62,480 | £582,480 |
| 6 Month Average | 24.135 % | £125,504 | £645,504 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Apr 2024 | £554,818 | £550,000 | 9 WOODSIDE WAY |
| 2 Oct 2023 | £552,550 | £540,000 | 17 WOODSIDE WAY |
| 1 Sep 2023 | £427,422 | £418,000 | 30 WOODSIDE WAY |
| 22 Jun 2023 | £617,372 | £605,000 | 8 REDSTONE MANOR |
| 7 Jun 2023 | £625,026 | £612,500 | 5 REDSTONE MANOR |
This house has a floor area of 122 sq meters or 1,313 sq feet when measured on 17 Dec 2015. Using an estimated price of £674,091 means this house is valued at £5,525 per sq meter (£513 per sq foot).
The average size of a house on REDSTONE HOLLOW is 104 sq meters (1,128 sq feet).
This house is the largest in the street with a floor area of 122 sq meters (1,313 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Redstone Hollow | |
| Sep 2024 | Anti-social behaviour | On or near Redstone Hollow | |
| Jul 2024 | Violence and sexual offences | Local resolution | On or near Palmer Close |
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Rural Way |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Old Redstone Drive |