£410,942
This estimated value is based upon the latest sale price for the house of £334,000 on 18 Jan 2019. 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 |
---|---|
£334,000 | 18 Jan 2019 |
£180,000 | 11 May 2005 |
£58,100 | 26 Mar 1996 |
Semi-Detached |
Freehold |
Floor Area: 73 sq meters or 785 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 January 2019 the House Price Index for SURREY was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.037%.Applying this 23.037% change to the original purchase price of £334,000 results in an estimated price of approximately £410,942.
18 Jan 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
120.3 | 148.0 | 23.037 % | £334,000 | £76,942 | £410,942 |
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 | 10.603 % | £35,412 | £369,412 |
3 Month Average | 29.829 % | £99,630 | £433,630 |
6 Month Average | 6.488 % | £21,671 | £355,671 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
3 Jul 2023 | £217,053 | £215,000 | FLAT 4 BEULAH COURT, 15 - 19 ALBERT ROAD |
27 Jan 2023 | £475,820 | £480,000 | 37 LUMLEY ROAD |
6 Jan 2023 | £396,517 | £400,000 | 27 ALBERT ROAD |
16 Jun 2022 | £479,863 | £475,000 | 77 LUMLEY ROAD |
7 Jan 2022 | £434,986 | £415,000 | 62 ALBERT ROAD |
This house has a floor area of 73 sq meters or 785 sq feet when measured on 11 Sep 2018. Using an estimated price of £410,943 means this house is valued at £5,629 per sq meter (£522 per sq foot).
The average size of a house on ALBERT ROAD is 76 sq meters (825 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Apr 2024 | Public order | Unable to prosecute suspect | On or near Lumley Road |
Apr 2024 | Anti-social behaviour | On or near Parking Area | |
Apr 2024 | Robbery | Under investigation | On or near Parking Area |
Jan 2024 | Anti-social behaviour | On or near Parking Area | |
Jan 2024 | Anti-social behaviour | On or near Parking Area |