£395,552
This estimated value is based upon the latest sale price for the house of £326,000 on 19 Mar 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 |
|---|---|
| £326,000 | 19 Mar 2020 |
| £325,000 | 1 Jun 2018 |
| £289,950 | 17 Jul 2015 |
| £237,000 | 27 May 2011 |
| £84,950 | 3 Feb 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 72 sq meters or 783 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 March 2020 the House Price Index for SURREY was 123.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 21.335%.Applying this 21.335% change to the original purchase price of £326,000 results in an estimated price of approximately £395,552.
| 19 Mar 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.4 | 149.7 | 21.335 % | £326,000 | £69,552 | £395,552 |
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 | 54.938 % | £179,097 | £505,097 |
| 3 Month Average | 18.271 % | £59,562 | £385,562 |
| 6 Month Average | 11.983 % | £39,063 | £365,063 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 27 Oct 2023 | £537,201 | £525,000 | 45A CHARLESFIELD ROAD |
| 24 Feb 2023 | £498,329 | £495,000 | 64 CHARLESFIELD ROAD |
| 27 Jan 2023 | £521,393 | £520,000 | 2 CHANTRY CLOSE |
| 29 Jun 2022 | £393,410 | £385,000 | BRANSCOMBE CHARLESFIELD ROAD |
| 24 Jan 2022 | £455,885 | £430,000 | 4 HEVERS AVENUE |
This house has a floor area of 72 sq meters or 783 sq feet when measured on 11 Jan 2011. Using an estimated price of £395,553 means this house is valued at £5,433 per sq meter (£504 per sq foot).
The average size of a house on CHARLESFIELD ROAD is 88 sq meters (955 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Strawson Court |
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Chantry Close |
| Sep 2024 | Anti-social behaviour | On or near Orchard Close | |
| Sep 2024 | Anti-social behaviour | On or near Orchard Close | |
| Sep 2024 | Anti-social behaviour | On or near Orchard Close |