£1,035,550
This estimated value is based upon the latest sale price for the house of £310,000 on 8 Aug 2001. 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 |
|---|---|
| £310,000 | 8 Aug 2001 |
| £223,000 | 25 Sep 1998 |
| Detached |
| Freehold |
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 2001 the House Price Index for SURREY was 44.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 234.049%.Applying this 234.049% change to the original purchase price of £310,000 results in an estimated price of approximately £1,035,550.
| 8 Aug 2001 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.8 | 149.7 | 234.049 % | £310,000 | £725,550 | £1,035,550 |
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 | 242.239 % | £750,941 | £1,060,941 |
| 3 Month Average | 185.618 % | £575,417 | £885,417 |
| 6 Month Average | 197.038 % | £610,816 | £920,816 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 12 Dec 2023 | £510,693 | £495,000 | 24 COTLAND ACRES |
| 18 Aug 2023 | £427,714 | £420,000 | 3 MOUNT RISE |
| 2 Jun 2023 | £1,114,331 | £1,092,000 | 1 FAIRLAWN HOUSE FAIRLAWN DRIVE |
| 24 Mar 2023 | £279,671 | £275,000 | 9 ROSEMEAD CLOSE |
| 25 Jan 2023 | £419,120 | £418,000 | 12 MOUNT RISE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Mountview Close |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Parking Area |
| Nov 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Warenne Heights |
| Oct 2024 | Anti-social behaviour | On or near Fairlawn Drive | |
| Oct 2024 | Anti-social behaviour | On or near Fairlawn Drive |