£582,935
This estimated value is based upon the latest sale price for the house of £417,500 on 15 Jul 2016. 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 |
---|---|
£417,500 | 15 Jul 2016 |
£228,000 | 23 Feb 2007 |
£134,500 | 15 Sep 2003 |
Semi-Detached |
Freehold |
Floor Area: 96 sq meters or 1,033 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 2016 the House Price Index for SURREY was 74.7.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 39.625%.Applying this 39.625% change to the original purchase price of £417,500 results in an estimated price of approximately £582,935.
15 Jul 2016 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
74.7 | 104.3 | 39.625 % | £417,500 | £165,435 | £582,935 |
The Postcode Pricing Model uses changes in average sales price within the RH1 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 | 0.294 % | £1,225 | £418,725 |
3 Month Average | -4.316 % | £-18,020 | £399,479 |
6 Month Average | 13.668 % | £57,065 | £474,565 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
14 Mar 2025 | £650,000 | £650,000 | 36 WILLOW ROAD |
16 Jan 2025 | £472,224 | £460,000 | 50 ARBUTUS ROAD |
13 Aug 2024 | £322,983 | £307,500 | 58 WILLOW ROAD |
9 Aug 2024 | £477,910 | £455,000 | 6 LARCH CLOSE |
7 Mar 2024 | £587,155 | £550,000 | 1 LARCH CLOSE |
This house has a floor area of 96 sq meters or 1,033 sq feet when measured on 18 Feb 2016. Using an estimated price of £582,935 means this house is valued at £6,072 per sq meter (£564 per sq foot).
The average size of a house on ARBUTUS ROAD is 98 sq meters (1,055 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Violence and sexual offences | Under investigation | On or near Willow Road |
Feb 2025 | Violence and sexual offences | Under investigation | On or near Willow Road |