£473,756
This estimated value is based upon the latest sale price for the house of £274,500 on 19 Apr 2011. 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 |
|---|---|
| £274,500 | 19 Apr 2011 |
| Semi-Detached |
| Freehold |
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 April 2011 the House Price Index for SURREY was 86.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.589%.Applying this 72.589% change to the original purchase price of £274,500 results in an estimated price of approximately £473,756.
| 19 Apr 2011 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.7 | 149.7 | 72.589 % | £274,500 | £199,256 | £473,756 |
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 | 119.243 % | £327,321 | £601,821 |
| 3 Month Average | 85.909 % | £235,820 | £510,320 |
| 6 Month Average | 76.188 % | £209,135 | £483,635 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Aug 2024 | £535,000 | £535,000 | 10 WEST AVENUE |
| 21 Dec 2023 | £340,462 | £330,000 | 38 BROOKFIELD CLOSE |
| 18 Dec 2023 | £696,399 | £675,000 | 19 HILLFORD PLACE |
| 6 Dec 2023 | £582,912 | £565,000 | 11 WEST AVENUE |
| 26 Apr 2023 | £532,459 | £522,500 | 7 WOODSIDE WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Anti-social behaviour | On or near Hillford Place | |
| Oct 2024 | Anti-social behaviour | On or near Hillford Place | |
| Aug 2024 | Anti-social behaviour | On or near Hillford Place | |
| Aug 2024 | Anti-social behaviour | On or near Hillford Place | |
| Aug 2024 | Anti-social behaviour | On or near Hillford Place |