£1,060,633
This estimated value is based upon the latest sale price for the house of £224,000 on 15 Apr 1998. 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 |
---|---|
£224,000 | 15 Apr 1998 |
Detached |
Freehold |
Floor Area: 155 sq meters or 1,674 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 April 1998 the House Price Index for SURREY was 31.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 373.497%.Applying this 373.497% change to the original purchase price of £224,000 results in an estimated price of approximately £1,060,633.
15 Apr 1998 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
31.4 | 148.6 | 373.497 % | £224,000 | £836,633 | £1,060,633 |
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 | 500.037 % | £1,120,083 | £1,344,083 |
3 Month Average | 383.175 % | £858,312 | £1,082,312 |
6 Month Average | 314.678 % | £704,878 | £928,878 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Sep 2023 | £374,792 | £370,000 | 17 BLACKSMITH ROAD |
14 Mar 2023 | £837,894 | £830,000 | 6 WYSEMEAD |
3 Feb 2023 | £774,479 | £775,000 | 1 HAZELHURST |
11 Nov 2022 | £330,991 | £335,000 | 5 RAILFIELD GARDENS |
28 Jan 2022 | £429,382 | £408,000 | 1 RAILFIELD GARDENS |
This house has a floor area of 155 sq meters or 1,674 sq feet when measured on 21 Jan 2009. Using an estimated price of £1,060,633 means this house is valued at £6,819 per sq meter (£633 per sq foot).
The average size of a house on HAZELHURST is 139 sq meters (1,498 sq feet).
This house is the largest in the street with a floor area of 155 sq meters (1,674 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Langshott |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Langshott |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Langshott |
Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Langshott |
Feb 2024 | Violence and sexual offences | Under investigation | On or near Railfield Gardens |