£580,819
This estimated value is based upon the latest sale price for the house of £575,000 on 15 Jul 2022. 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 |
|---|---|
| £575,000 | 15 Jul 2022 |
| £250,000 | 14 Jul 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 106 sq meters or 1,140 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 July 2022 the House Price Index for SURREY was 148.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.012%.Applying this 1.012% change to the original purchase price of £575,000 results in an estimated price of approximately £580,819.
| 15 Jul 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.2 | 149.7 | 1.012 % | £575,000 | £5,819 | £580,819 |
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 | 10.515 % | £60,463 | £635,463 |
| 3 Month Average | -5.739 % | £-33,000 | £541,999 |
| 6 Month Average | 0.818 % | £4,701 | £579,701 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Nov 2023 | £502,762 | £490,000 | 4 BROCKHAM KEEP |
| 17 Aug 2023 | £493,908 | £485,000 | 5 RUDGWICK KEEP |
| 2 Aug 2023 | £509,184 | £500,000 | 4 RUDGWICK KEEP |
| 31 Jan 2023 | £451,206 | £450,000 | 16 THE MEADWAY |
| 15 Jul 2022 | £580,820 | £575,000 | 24 THE MEADWAY |
This house has a floor area of 106 sq meters or 1,140 sq feet when measured on 12 Mar 2009. Using an estimated price of £580,820 means this house is valued at £5,479 per sq meter (£509 per sq foot).
The average size of a house on THE MEADWAY is 121 sq meters (1,305 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Meadway |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oaklands |
| Jun 2024 | Anti-social behaviour | On or near Oaklands | |
| Jun 2024 | Anti-social behaviour | On or near Oaklands | |
| May 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Broadlands |