£1,398,542
This estimated value is based upon the latest sale price for the house of £900,000 on 27 Mar 2014. 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 |
|---|---|
| £900,000 | 27 Mar 2014 |
| Detached |
| Freehold |
| Floor Area: 186 sq meters or 2,002 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 2014 the House Price Index for SURREY was 94.4.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 55.394%.Applying this 55.394% change to the original purchase price of £900,000 results in an estimated price of approximately £1,398,542.
| 27 Mar 2014 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.4 | 146.7 | 55.394 % | £900,000 | £498,542 | £1,398,542 |
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 | 49.599 % | £446,394 | £1,346,394 |
| 3 Month Average | 2.974 % | £26,768 | £926,768 |
| 6 Month Average | 30.039 % | £270,351 | £1,170,351 |
This house has a floor area of 186 sq meters or 2,002 sq feet when measured on 7 Nov 2013.
The average size of a house on THE CHASE is 232 sq meters (2,498 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Blackstone Close | |
| Jan 2024 | Anti-social behaviour | On or near Blackstone Close | |
| Jan 2024 | Anti-social behaviour | On or near Blackstone Close | |
| Feb 2024 | Vehicle crime | Under investigation | On or near Devon Crescent |
| Mar 2024 | Burglary | Under investigation | On or near Blanford Mews |