£365,446
This estimated value is based upon the latest sale price for the house of £300,000 on 20 Jul 2020. 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 |
|---|---|
| £300,000 | 20 Jul 2020 |
| £321,000 | 17 Jul 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 2020 the House Price Index for SURREY was 122.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.815%.Applying this 21.815% change to the original purchase price of £300,000 results in an estimated price of approximately £365,446.
| 20 Jul 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 122.9 | 149.7 | 21.815 % | £300,000 | £65,446 | £365,446 |
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 | -32.648 % | £-97,944 | £202,055 |
| 3 Month Average | 1.603 % | £4,810 | £304,810 |
| 6 Month Average | 16.716 % | £50,147 | £350,147 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 20 Oct 2023 | £366,320 | £358,000 | 96 HORLEY ROAD |
| 13 Oct 2023 | £526,969 | £515,000 | 93 HORLEY ROAD |
| 18 Aug 2023 | £356,429 | £350,000 | KIWI COTTAGE, 12 HORLEY ROAD |
| 16 Jun 2023 | £443,896 | £435,000 | 68 HORLEY ROAD |
| 6 Mar 2023 | £483,067 | £475,000 | 54 HANWORTH ROAD |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 17 May 2019. Using an estimated price of £365,446 means this house is valued at £4,625 per sq meter (£429 per sq foot).
The average size of a house on HANWORTH ROAD is 92 sq meters (994 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Hampton Road |
| Nov 2024 | Other theft | Investigation complete; no suspect identified | On or near Hanworth Road |
| Oct 2024 | Drugs | Under investigation | On or near Hanworth Road |
| Aug 2024 | Burglary | Under investigation | On or near Hanworth Road |
| Oct 2024 | Anti-social behaviour | On or near Petrol Station |