£266,163
This estimated value is based upon the latest sale price for the house of £248,000 on 17 Sep 2021. 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 |
|---|---|
| £248,000 | 17 Sep 2021 |
| £186,000 | 28 Feb 2013 |
| £176,500 | 26 May 2006 |
| £160,000 | 20 Nov 2003 |
| £59,000 | 21 Mar 1997 |
| Flats/Maisonettes |
| Leasehold |
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 September 2021 the House Price Index for SURREY was 137.9.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.324%.Applying this 7.324% change to the original purchase price of £248,000 results in an estimated price of approximately £266,163.
| 17 Sep 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.0 | 7.324 % | £248,000 | £18,163 | £266,163 |
The Postcode Pricing Model uses changes in average sales price within the RH2 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 | -7.035 % | £-17,445 | £230,554 |
| 3 Month Average | -27.286 % | £-67,669 | £180,330 |
| 6 Month Average | -12.110 % | £-30,032 | £217,967 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £372,039 | £365,000 | 16 CLAIRVILLE COURT WRAY COMMON ROAD |
| 31 Jul 2023 | £282,674 | £280,000 | 1 HIGH VIEW COURT |
| 31 Jul 2023 | £323,056 | £320,000 | FLAT 20 WARWICK PLACE, 8 WRAY COMMON ROAD |
| 13 Feb 2023 | £388,164 | £390,000 | 7 HARLOW COURT WRAY COMMON ROAD |
| 9 Feb 2023 | £340,888 | £342,500 | FLAT 16 WARWICK PLACE, 8 WRAY COMMON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near The Cedars |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Cedars |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Cedars |
| Jan 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Cedars |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Cedars |