£452,978
This estimated value is based upon the latest sale price for the house of £375,000 on 7 Aug 2020. This value is then adjusted by the current Official House Price Index for SURREY 1
Get our free house price tracker.
2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
| Price Paid | Date |
|---|---|
| £375,000 | 7 Aug 2020 |
| Semi-Detached |
| 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 August 2020 the House Price Index for SURREY was 123.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 20.794%.Applying this 20.794% change to the original purchase price of £375,000 results in an estimated price of approximately £452,978.
| 7 Aug 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 123.9 | 149.7 | 20.794 % | £375,000 | £77,978 | £452,978 |
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 | 7.987 % | £29,950 | £404,950 |
| 3 Month Average | 2.291 % | £8,590 | £383,590 |
| 6 Month Average | 8.459 % | £31,722 | £406,722 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £436,069 | £425,000 | 22 THOMAS WATERS WAY |
| 15 Jun 2023 | £1,525,583 | £1,495,010 | 50 HAROLDSLEA DRIVE |
| 21 Jul 2022 | £484,454 | £479,600 | 7 HAROLDSLEA DRIVE |
| 4 Apr 2022 | £531,160 | £512,000 | 87 CASTLE DRIVE |
| 25 Nov 2021 | £490,284 | £450,000 | 11 HAROLDSLEA CLOSE |
This house has a floor area of 87 sq meters or 936 sq feet when measured on 24 Feb 2020. Using an estimated price of £452,978 means this house is valued at £5,206 per sq meter (£483 per sq foot).
The average size of a house on HAROLDSLEA DRIVE is 127 sq meters (1,374 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Haroldslea Close |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Haroldslea Close |
| Jun 2024 | Other crime | Under investigation | On or near Newstead Hall |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Drive |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Drive |