£313,215
This estimated value is based upon the latest sale price for the house of £179,950 on 15 Sep 2011. 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 |
|---|---|
| £179,950 | 15 Sep 2011 |
| £95,000 | 7 Sep 2001 |
| £74,950 | 28 Oct 1999 |
| Semi-Detached |
| Leasehold |
| Floor Area: 39 sq meters or 420 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 September 2011 the House Price Index for SURREY was 86.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.057%.Applying this 74.057% change to the original purchase price of £179,950 results in an estimated price of approximately £313,215.
| 15 Sep 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.0 | 149.7 | 74.057 % | £179,950 | £133,265 | £313,215 |
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 | 63.419 % | £114,122 | £294,072 |
| 3 Month Average | 47.947 % | £86,280 | £266,230 |
| 6 Month Average | 52.340 % | £94,185 | £274,135 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jul 2024 | £465,000 | £465,000 | 29 MEADOW WAY |
| 12 Jul 2024 | £555,000 | £555,000 | 27 ORCHARD WAY |
| 19 Apr 2024 | £413,592 | £410,000 | 55 MEADOW WAY |
| 22 Mar 2024 | £446,866 | £440,000 | 87 MEADOW WAY |
| 4 Aug 2023 | £287,180 | £282,000 | 28A MEADOW WAY |
This house has a floor area of 39 sq meters or 420 sq feet when measured on 28 Jan 2011. Using an estimated price of £313,215 means this house is valued at £8,010 per sq meter (£744 per sq foot).
The average size of a house on MEADOW WAY is 67 sq meters (724 sq feet).
This house is the smallest in the street with a floor area of 39 sq meters (420 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Meadow Way |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Prices Lane |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Prices Lane |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Dovers Green Road |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Dovers Green Road |