£753,883
This estimated value is based upon the latest sale price for the house of £440,000 on 31 Mar 2011. 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 |
|---|---|
| £440,000 | 31 Mar 2011 |
| Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,360 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 2011 the House Price Index for SURREY was 86.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 71.337%.Applying this 71.337% change to the original purchase price of £440,000 results in an estimated price of approximately £753,883.
| 31 Mar 2011 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.4 | 148.0 | 71.337 % | £440,000 | £313,883 | £753,883 |
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 | 60.969 % | £268,262 | £708,262 |
| 3 Month Average | 107.952 % | £474,988 | £914,988 |
| 6 Month Average | 54.919 % | £241,643 | £681,643 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Aug 2023 | £1,207,342 | £1,200,000 | BROOK FARM PEEKS BROOK LANE |
| 26 Oct 2022 | £534,554 | £542,500 | 218 SMALLFIELD ROAD |
| 13 Jun 2022 | £388,942 | £385,000 | 22 CHARLOTTE GROVE |
| 18 Mar 2022 | £572,803 | £555,000 | ROSE WILLIAM COTTAGE WEATHERHILL COMMON |
| 11 Mar 2022 | £443,794 | £430,000 | 28 GRASSLANDS |
This house has a floor area of 126 sq meters or 1,360 sq feet when measured on 16 Jun 2010. Using an estimated price of £753,884 means this house is valued at £5,965 per sq meter (£554 per sq foot).
The average size of a house on SMALLFIELD ROAD is 123 sq meters (1,330 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Other theft | Investigation complete; no suspect identified | On or near Weatherhill Close |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Park/Open Space |
| Feb 2024 | Other crime | Unable to prosecute suspect | On or near Park/Open Space |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Park/Open Space |
| Feb 2024 | Anti-social behaviour | On or near Hathersham Close |