£405,114
This estimated value is based upon the latest sale price for the house of £236,950 on 22 Aug 2006. 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 |
|---|---|
| £236,950 | 22 Aug 2006 |
| £120,000 | 9 Jun 1999 |
| 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 August 2006 the House Price Index for SURREY was 86.6.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 70.970%.Applying this 70.970% change to the original purchase price of £236,950 results in an estimated price of approximately £405,114.
| 22 Aug 2006 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 148.0 | 70.970 % | £236,950 | £168,164 | £405,114 |
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 | 54.142 % | £128,290 | £365,240 |
| 3 Month Average | 119.500 % | £283,155 | £520,105 |
| 6 Month Average | 80.136 % | £189,882 | £426,832 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Mar 2024 | £471,593 | £470,000 | 26 FIELD WALK |
| 4 Aug 2022 | £516,510 | £520,000 | 4 ORCHARD ROAD |
| 23 Jun 2022 | £346,512 | £343,000 | 1 MEAD PLACE |
| 18 May 2022 | £522,771 | £515,000 | 31 GORSE DRIVE |
| 1 Feb 2022 | £360,339 | £345,000 | 11 THISTLE WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Heather Walk | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Heather Walk |
| Jan 2024 | Drugs | Unable to prosecute suspect | On or near Heather Walk |
| Jan 2024 | Anti-social behaviour | On or near Heather Walk | |
| Jan 2024 | Anti-social behaviour | On or near Heather Walk |