£350,827
This estimated value is based upon the latest sale price for the house of £283,000 on 21 Aug 2019. 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 |
|---|---|
| £283,000 | 21 Aug 2019 |
| £255,000 | 10 Sep 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 2019 the House Price Index for SURREY was 120.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 23.967%.Applying this 23.967% change to the original purchase price of £283,000 results in an estimated price of approximately £350,827.
| 21 Aug 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 149.7 | 23.967 % | £283,000 | £67,827 | £350,827 |
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 | 46.556 % | £131,754 | £414,754 |
| 3 Month Average | 9.906 % | £28,034 | £311,034 |
| 6 Month Average | 14.898 % | £42,161 | £325,161 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Nov 2023 | £359,116 | £350,000 | FLAT 2 CENTENARY COURT, 30 WARWICK ROAD |
| 10 Aug 2023 | £20,367 | £20,000 | 33 LONDON ROAD |
| 26 Oct 2022 | £15,448,402 | £15,500,000 | AQUILA HOUSE, 35 LONDON ROAD |
| 11 Mar 2022 | £5,219,665 | £5,000,000 | SOMERSET HOUSE, 47 - 49 LONDON ROAD |
| 21 Feb 2022 | £227,138 | £215,000 | FLAT 5 JEFFERSON COURT, 47 - 49 WARWICK ROAD |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 22 Jun 2015. Using an estimated price of £350,828 means this house is valued at £5,946 per sq meter (£552 per sq foot).
The average size of a house on GLOUCESTER ROAD is 63 sq meters (678 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Other theft | Investigation complete; no suspect identified | On or near Gloucester Road |
| Oct 2024 | Drugs | Awaiting court outcome | On or near Gloucester Road |
| Oct 2024 | Vehicle crime | Under investigation | On or near Parking Area |
| Oct 2024 | Robbery | Under investigation | On or near Parking Area |
| Nov 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Clarendon Road |