£736,312
This estimated value is based upon the latest sale price for the house of £725,000 on 28 Mar 2024. 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 |
|---|---|
| £725,000 | 28 Mar 2024 |
| £580,000 | 30 Oct 2020 |
| £132,500 | 28 Oct 1998 |
| Detached |
| Freehold |
| Floor Area: 138 sq meters or 1,485 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 March 2024 the House Price Index for SURREY was 147.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.560%.Applying this 1.560% change to the original purchase price of £725,000 results in an estimated price of approximately £736,312.
| 28 Mar 2024 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 147.4 | 149.7 | 1.560 % | £725,000 | £11,312 | £736,312 |
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 | 133.259 % | £966,130 | £1,691,130 |
| 3 Month Average | 30.180 % | £218,807 | £943,807 |
| 6 Month Average | 21.839 % | £158,334 | £883,334 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £736,313 | £725,000 | 31 LYNWOOD ROAD |
| 18 Aug 2023 | £738,316 | £725,000 | 39 LYNWOOD ROAD |
| 11 Aug 2023 | £772,941 | £759,000 | 44 LYNWOOD ROAD |
| 3 Mar 2023 | £325,435 | £320,000 | FLAT 2 HOLMESDALE MANOR, 89 LADBROKE ROAD |
| 23 Feb 2023 | £322,152 | £320,000 | FLAT 13 HOLMESDALE MANOR, 89 LADBROKE ROAD |
This house has a floor area of 138 sq meters or 1,485 sq feet when measured on 5 Sep 2018. Using an estimated price of £736,313 means this house is valued at £5,335 per sq meter (£495 per sq foot).
The average size of a house on LYNWOOD ROAD is 92 sq meters (998 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Lynwood Road |
| Oct 2024 | Anti-social behaviour | On or near Ladbroke Road | |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Ladbroke Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ladbroke Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Ladbroke Road |