£461,764
This estimated value is based upon the latest sale price for the house of £300,000 on 16 Jul 2014. 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 |
|---|---|
| £300,000 | 16 Jul 2014 |
| Terraced |
| Freehold |
| Floor Area: 87 sq meters or 936 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 2014 the House Price Index for SURREY was 97.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 53.921%.Applying this 53.921% change to the original purchase price of £300,000 results in an estimated price of approximately £461,764.
| 16 Jul 2014 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 97.3 | 149.7 | 53.921 % | £300,000 | £161,764 | £461,764 |
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 | 91.866 % | £275,596 | £575,596 |
| 3 Month Average | 45.023 % | £135,069 | £435,069 |
| 6 Month Average | 50.258 % | £150,773 | £450,773 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Jun 2024 | £405,000 | £405,000 | 19 CHATELET CLOSE |
| 27 Oct 2023 | £337,669 | £330,000 | 28 TANYARD WAY |
| 2 Jun 2023 | £535,736 | £525,000 | SPINDLEWOOD BALCOMBE ROAD |
| 27 Jan 2023 | £884,363 | £882,000 | 4 BALCOMBE ROAD |
| 30 Nov 2022 | £522,557 | £525,000 | COLESHILL BALCOMBE ROAD |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 28 Oct 2021. Using an estimated price of £461,764 means this house is valued at £5,307 per sq meter (£493 per sq foot).
The average size of a house on CHATELET CLOSE is 105 sq meters (1,138 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Petrol Station | |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Petrol Station |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cranbourne Close |