£932,341
This estimated value is based upon the latest sale price for the house of £760,000 on 11 Dec 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 |
|---|---|
| £760,000 | 11 Dec 2019 |
| Detached |
| Freehold |
| Floor Area: 200 sq meters or 2,152 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 December 2019 the House Price Index for SURREY was 121.1.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 22.676%.Applying this 22.676% change to the original purchase price of £760,000 results in an estimated price of approximately £932,341.
| 11 Dec 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.6 | 22.676 % | £760,000 | £172,341 | £932,341 |
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 | 24.310 % | £184,758 | £944,758 |
| 3 Month Average | 23.607 % | £179,413 | £939,413 |
| 6 Month Average | 2.154 % | £16,371 | £776,371 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Nov 2023 | £213,156 | £210,000 | FLAT 5 SAXLEY COURT, 121 - 129 VICTORIA ROAD |
| 19 Sep 2023 | £1,139,571 | £1,125,000 | POLICE STATION, 15 MASSETTS ROAD |
| 17 Aug 2023 | £196,721 | £195,000 | FLAT 4 MITCHELL COURT, 22 MASSETTS ROAD |
| 30 Jun 2023 | £536,499 | £530,000 | 105 VICTORIA ROAD |
| 31 Jan 2023 | £756,437 | £760,000 | 24 MASSETTS ROAD |
This house has a floor area of 200 sq meters or 2,152 sq feet when measured on 3 Oct 2019. Using an estimated price of £932,341 means this house is valued at £4,661 per sq meter (£433 per sq foot).
The average size of a house on MASSETTS ROAD is 71 sq meters (770 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Parking Area |
| Mar 2024 | Violence and sexual offences | Awaiting court outcome | On or near Supermarket |