£435,198
This estimated value is based upon the latest sale price for the house of £250,000 on 22 Jul 2011. 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 |
---|---|
£250,000 | 22 Jul 2011 |
£127,000 | 6 Nov 1998 |
Semi-Detached |
Freehold |
Floor Area: 73 sq meters or 791 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 July 2011 the House Price Index for SURREY was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.080%.Applying this 74.080% change to the original purchase price of £250,000 results in an estimated price of approximately £435,198.
22 Jul 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
86.0 | 149.7 | 74.080 % | £250,000 | £185,198 | £435,198 |
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 | 60.012 % | £150,029 | £400,029 |
3 Month Average | 43.275 % | £108,186 | £358,186 |
6 Month Average | 63.446 % | £158,614 | £408,614 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
4 Mar 2024 | £594,128 | £585,000 | 14 BALCOMBE GARDENS |
30 Nov 2023 | £636,148 | £620,000 | 20 CASTLE DRIVE |
4 Aug 2023 | £733,224 | £720,000 | 32 BALCOMBE GARDENS |
4 Aug 2023 | £542,790 | £533,000 | 27 BALCOMBE GARDENS |
12 May 2022 | £805,998 | £785,000 | 58 SILVERLEA GARDENS |
This house has a floor area of 73 sq meters or 791 sq feet when measured on 4 May 2011. Using an estimated price of £435,199 means this house is valued at £5,921 per sq meter (£550 per sq foot).
The average size of a house on AVENUE GARDENS is 113 sq meters (1,218 sq feet).
This house is the smallest in the street with a floor area of 73 sq meters (791 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Anti-social behaviour | On or near Avenue Gardens | |
May 2024 | Anti-social behaviour | On or near Avenue Gardens | |
May 2024 | Anti-social behaviour | On or near Avenue Gardens | |
Apr 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Balcombe Gardens |
Apr 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Silverlea Gardens |