£4,779,859
This estimated value is based upon the latest sale price for the house of £780,000 on 9 Aug 2024. 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 |
---|---|
£780,000 | 9 Aug 2024 |
£680,000 | 6 May 2016 |
Detached |
Freehold |
Floor Area: 193 sq meters or 2,077 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 2024 the House Price Index for SURREY was 24.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 512.803%.Applying this 512.803% change to the original purchase price of £780,000 results in an estimated price of approximately £4,779,859.
9 Aug 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
24.4 | 149.7 | 512.803 % | £780,000 | £3,999,859 | £4,779,859 |
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 | -24.002 % | £-187,213 | £592,786 |
3 Month Average | -8.027 % | £-62,613 | £717,386 |
6 Month Average | -4.408 % | £-34,385 | £745,614 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
30 Nov 2023 | £436,069 | £425,000 | 22 THOMAS WATERS WAY |
15 Jun 2023 | £1,525,583 | £1,495,010 | 50 HAROLDSLEA DRIVE |
13 Jan 2023 | £852,277 | £850,000 | 49 THOMAS WATERS WAY |
1 Nov 2022 | £457,859 | £460,000 | 36 THOMAS WATERS WAY |
21 Jul 2022 | £484,454 | £479,600 | 7 HAROLDSLEA DRIVE |
This house has a floor area of 193 sq meters or 2,077 sq feet when measured on 7 Dec 2015.
The average size of a house on THOMAS WATERS WAY is 123 sq meters (1,328 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near The Close |
Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Close |
May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Haroldslea Close |
May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Haroldslea Close |
Jun 2024 | Other crime | Under investigation | On or near Newstead Hall |