£464,139
This estimated value is based upon the latest sale price for the house of £357,000 on 17 Feb 2017. 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 |
|---|---|
| £357,000 | 17 Feb 2017 |
| £85,000 | 16 Dec 1996 |
| Detached |
| Freehold |
| Floor Area: 70 sq meters or 753 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 February 2017 the House Price Index for SURREY was 114.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 30.011%.Applying this 30.011% change to the original purchase price of £357,000 results in an estimated price of approximately £464,139.
| 17 Feb 2017 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.3 | 148.6 | 30.011 % | £357,000 | £107,139 | £464,139 |
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 | 55.606 % | £198,513 | £555,513 |
| 3 Month Average | 36.171 % | £129,129 | £486,129 |
| 6 Month Average | 10.288 % | £36,726 | £393,726 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Mar 2024 | £325,000 | £325,000 | 28 GRASSMERE |
| 17 Aug 2023 | £489,280 | £485,000 | 5 RUDGWICK KEEP |
| 2 Aug 2023 | £504,413 | £500,000 | 4 RUDGWICK KEEP |
| 26 Jul 2023 | £334,502 | £330,000 | WOODSTOCK, 3 OATLANDS |
| 21 Apr 2023 | £389,190 | £385,000 | 26 GRASSMERE |
This house has a floor area of 70 sq meters or 753 sq feet when measured on 7 Jun 2016. Using an estimated price of £464,139 means this house is valued at £6,630 per sq meter (£615 per sq foot).
The average size of a house on GRASSMERE is 75 sq meters (816 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Maizecroft |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Whitecroft |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brookwood |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Hedingham Close |
| Mar 2024 | Other theft | Under investigation | On or near Ewelands |