£455,787
This estimated value is based upon the latest sale price for the house of £443,000 on 21 Jul 2023. 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 |
---|---|
£443,000 | 21 Jul 2023 |
£345,000 | 7 Nov 2014 |
£250,000 | 21 Aug 2009 |
Terraced |
Freehold |
Floor Area: 103 sq meters or 1,108 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 2023 the House Price Index for SURREY was 145.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.887%.Applying this 2.887% change to the original purchase price of £443,000 results in an estimated price of approximately £455,787.
21 Jul 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
145.5 | 149.7 | 2.887 % | £443,000 | £12,787 | £455,787 |
The Postcode Pricing Model uses changes in average sales price within the RH1 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 | -4.256 % | £-18,855 | £424,144 |
3 Month Average | -6.109 % | £-27,061 | £415,938 |
6 Month Average | 5.667 % | £25,103 | £468,103 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Oct 2023 | £230,229 | £225,000 | FLAT 15 CRESCENT COURT, 1 FOXBORO ROAD |
2 Oct 2023 | £225,113 | £220,000 | FLAT 4 APPROACH HOUSE, 2 FOXBORO ROAD |
2 Jun 2023 | £459,202 | £450,000 | 4 BARROW GARDENS |
13 Mar 2023 | £279,671 | £275,000 | FLAT 2 APPROACH HOUSE, 2 FOXBORO ROAD |
2 Mar 2023 | £272,043 | £267,500 | FLAT 5 APPROACH HOUSE, 2 FOXBORO ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 8 Dec 2021.
The average size of a house on FOXBORO ROAD is 89 sq meters (958 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Oct 2024 | Anti-social behaviour | On or near Foxboro Road | |
Oct 2024 | Anti-social behaviour | On or near Foxboro Road | |
Oct 2024 | Criminal damage and arson | Under investigation | On or near Foxboro Road |
Oct 2024 | Anti-social behaviour | On or near Foxboro Road | |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Barrow Gardens |