£485,915
This estimated value is based upon the latest sale price for the house of £400,000 on 28 Jan 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 |
---|---|
£400,000 | 28 Jan 2020 |
£249,500 | 10 Jan 2008 |
Detached |
Freehold |
Floor Area: 107 sq meters or 1,153 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 January 2020 the House Price Index for SURREY was 121.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 21.479%.Applying this 21.479% change to the original purchase price of £400,000 results in an estimated price of approximately £485,915.
28 Jan 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
121.8 | 148.0 | 21.479 % | £400,000 | £85,915 | £485,915 |
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 | 9.242 % | £36,969 | £436,969 |
3 Month Average | 32.596 % | £130,385 | £530,385 |
6 Month Average | 7.590 % | £30,360 | £430,360 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
2 Jun 2023 | £529,292 | £525,000 | SPINDLEWOOD BALCOMBE ROAD |
31 Mar 2023 | £246,332 | £245,000 | 6 THE CHESTNUTS |
27 Jan 2023 | £874,320 | £882,000 | 4 BALCOMBE ROAD |
30 Nov 2022 | £516,622 | £525,000 | COLESHILL BALCOMBE ROAD |
20 Jun 2022 | £241,447 | £239,000 | 5 THE CHESTNUTS |
This house has a floor area of 107 sq meters or 1,153 sq feet when measured on 14 Aug 2009. Using an estimated price of £485,916 means this house is valued at £4,535 per sq meter (£421 per sq foot).
The average size of a house on CHATELET CLOSE is 105 sq meters (1,138 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cranbourne Close |
Mar 2024 | Anti-social behaviour | On or near Cranbourne Close | |
Mar 2024 | Anti-social behaviour | On or near Cranbourne Close | |
Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Cranbourne Close |
Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Cranbourne Close |