£322,675
This estimated value is based upon the latest sale price for the house of £206,500 on 10 Aug 2007. 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 |
|---|---|
| £206,500 | 10 Aug 2007 |
| £58,500 | 26 Apr 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 60 sq meters or 645 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 August 2007 the House Price Index for SURREY was 94.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 56.259%.Applying this 56.259% change to the original purchase price of £206,500 results in an estimated price of approximately £322,675.
| 10 Aug 2007 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 94.7 | 148.0 | 56.259 % | £206,500 | £116,175 | £322,675 |
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 | 63.316 % | £130,748 | £337,248 |
| 3 Month Average | 22.281 % | £46,010 | £252,510 |
| 6 Month Average | 41.436 % | £85,566 | £292,066 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £224,242 | £220,000 | 64 DOWNSWOOD |
| 24 Apr 2023 | £292,172 | £290,000 | 22 DOWNSWOOD |
| 6 Apr 2023 | £1,259,360 | £1,250,000 | 7 HITHERWOOD CLOSE |
| 12 Jan 2023 | £203,215 | £205,000 | 58 DOWNSWOOD |
| 31 Aug 2022 | £794,631 | £800,000 | 124A CARLTON ROAD |
This house has a floor area of 60 sq meters or 645 sq feet when measured on 30 Jan 2020. Using an estimated price of £322,676 means this house is valued at £5,377 per sq meter (£499 per sq foot).
The average size of a house on DOWNSWOOD is 66 sq meters (710 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near The Ridings | |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hitherwood Close |
| Jan 2024 | Anti-social behaviour | On or near Hitherwood Close | |
| Jan 2024 | Anti-social behaviour | On or near Hitherwood Close | |
| Jan 2024 | Anti-social behaviour | On or near Hitherwood Close |