£1,177,992
This estimated value is based upon the latest sale price for the house of £239,500 on 28 Nov 1997. 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 |
|---|---|
| £239,500 | 28 Nov 1997 |
| £186,000 | 25 Oct 1996 |
| 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 November 1997 the House Price Index for SURREY was 30.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 391.855%.Applying this 391.855% change to the original purchase price of £239,500 results in an estimated price of approximately £1,177,992.
| 28 Nov 1997 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 30.2 | 148.6 | 391.855 % | £239,500 | £938,492 | £1,177,992 |
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 | 528.410 % | £1,265,542 | £1,505,042 |
| 3 Month Average | 384.459 % | £920,779 | £1,160,279 |
| 6 Month Average | 324.194 % | £776,444 | £1,015,944 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £471,022 | £465,000 | 56 WHITTAKER DRIVE |
| 14 Mar 2023 | £837,894 | £830,000 | 6 WYSEMEAD |
| 12 Aug 2022 | £857,691 | £860,000 | 30 TWYNER CLOSE |
| 18 Mar 2022 | £253,884 | £245,000 | 11 OAKSIDE COURT |
| 4 Feb 2022 | £214,982 | £205,000 | 11 WOODLANDS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Whittaker Drive |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Whittaker Drive |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oakside Court |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oakside Court |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Railfield Gardens |