£403,914
This estimated value is based upon the latest sale price for the house of £272,000 on 26 Mar 2015. 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 |
|---|---|
| £272,000 | 26 Mar 2015 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 2015 the House Price Index for SURREY was 100.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 48.498%.Applying this 48.498% change to the original purchase price of £272,000 results in an estimated price of approximately £403,914.
| 26 Mar 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 100.8 | 149.7 | 48.498 % | £272,000 | £131,914 | £403,914 |
The Postcode Pricing Model uses changes in average sales price within the RH2 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 | 60.544 % | £164,678 | £436,678 |
| 3 Month Average | 33.764 % | £91,839 | £363,839 |
| 6 Month Average | 36.138 % | £98,294 | £370,294 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Dec 2023 | £508,113 | £492,500 | 58 NEW CAUSEWAY |
| 3 Nov 2023 | £443,252 | £432,000 | 8 REEVE ROAD |
| 22 Mar 2023 | £442,388 | £435,000 | 5 WEALD WAY |
| 7 Oct 2022 | £609,016 | £611,050 | 22 WEALD WAY |
| 3 Dec 2021 | £245,003 | £227,000 | 55 NEW CAUSEWAY |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 4 Jul 2014. Using an estimated price of £403,914 means this house is valued at £4,925 per sq meter (£457 per sq foot).
The average size of a house on ATHERFIELD ROAD is 86 sq meters (932 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Anti-social behaviour | On or near Potters Way | |
| Oct 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Potters Way |
| Nov 2024 | Anti-social behaviour | On or near Reeve Road | |
| Nov 2024 | Anti-social behaviour | On or near Reeve Road | |
| Sep 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Reeve Road |