£2,147,364
This estimated value is based upon the latest sale price for the house of £1,515,000 on 15 Oct 2015. 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 |
|---|---|
| £1,515,000 | 15 Oct 2015 |
| £316,000 | 25 Mar 1998 |
| Detached |
| Freehold |
| Floor Area: 276 sq meters or 2,970 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 October 2015 the House Price Index for SURREY was 105.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 41.740%.Applying this 41.740% change to the original purchase price of £1,515,000 results in an estimated price of approximately £2,147,364.
| 15 Oct 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 149.7 | 41.740 % | £1,515,000 | £632,364 | £2,147,364 |
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 | -8.033 % | £-121,700 | £1,393,299 |
| 3 Month Average | 6.895 % | £104,462 | £1,619,462 |
| 6 Month Average | 14.043 % | £212,755 | £1,727,755 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 5 Apr 2024 | £1,230,687 | £1,220,000 | 7 GATTON ROAD |
| 1 Sep 2023 | £1,426,445 | £1,395,000 | WRAYCOTE, 3 WRAY LANE |
| 27 Jan 2023 | £691,849 | £690,000 | 25 GATTON ROAD |
| 11 Nov 2022 | £1,313,856 | £1,320,000 | 5 GREYSTONES DRIVE |
| 25 Aug 2022 | £1,503,028 | £1,496,000 | 15 GREYSTONES DRIVE |
This house has a floor area of 276 sq meters or 2,970 sq feet when measured on 29 Jul 2014. Using an estimated price of £2,147,365 means this house is valued at £7,780 per sq meter (£722 per sq foot).
The average size of a house on GATTON ROAD is 266 sq meters (2,864 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Raglan Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greystones Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greystones Drive |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greystones Drive |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near A242 |