£712,730
This estimated value is based upon the latest sale price for the house of £427,850 on 28 Aug 2013. 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 |
---|---|
£427,850 | 28 Aug 2013 |
£349,250 | 2 Nov 2007 |
£121,500 | 11 Apr 1997 |
Semi-Detached |
Freehold |
Floor Area: 119 sq meters or 1,290 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 August 2013 the House Price Index for SURREY was 89.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 66.584%.Applying this 66.584% change to the original purchase price of £427,850 results in an estimated price of approximately £712,730.
28 Aug 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
89.9 | 149.7 | 66.584 % | £427,850 | £284,880 | £712,730 |
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 | 120.035 % | £513,571 | £941,421 |
3 Month Average | 79.681 % | £340,913 | £768,763 |
6 Month Average | 77.715 % | £332,502 | £760,352 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £420,679 | £410,000 | 35 OAKDENE ROAD |
27 Jun 2023 | £270,419 | £265,000 | FLAT 2 MORRIS COURT, 24 OAKDENE ROAD |
8 Mar 2023 | £300,010 | £295,000 | FLAT 2 15 UPPER BRIDGE ROAD |
31 Oct 2022 | £164,451 | £165,000 | WINGATE HOUSE OAKDENE ROAD |
21 Oct 2022 | £154,982 | £155,500 | FLAT 7 16 GROVEHILL ROAD |
This house has a floor area of 119 sq meters or 1,290 sq feet when measured on 17 Sep 2010. Using an estimated price of £712,730 means this house is valued at £5,943 per sq meter (£552 per sq foot).
The average size of a house on UPPER BRIDGE ROAD is 77 sq meters (838 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Nov 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Grovehill Road |
Nov 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grovehill Road |
Oct 2024 | Other theft | Under investigation | On or near Grovehill Road |
Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Grovehill Road |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Grovehill Road |