£393,788
This estimated value is based upon the latest sale price for the house of £187,000 on 26 Mar 2004. 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 |
|---|---|
| £187,000 | 26 Mar 2004 |
| 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 March 2004 the House Price Index for SURREY was 71.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 110.582%.Applying this 110.582% change to the original purchase price of £187,000 results in an estimated price of approximately £393,788.
| 26 Mar 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 71.1 | 149.7 | 110.582 % | £187,000 | £206,788 | £393,788 |
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 | 97.784 % | £182,855 | £369,855 |
| 3 Month Average | 131.413 % | £245,742 | £432,742 |
| 6 Month Average | 114.747 % | £214,576 | £401,576 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Oct 2023 | £450,226 | £440,000 | 10 YEATS CLOSE |
| 1 Aug 2023 | £488,816 | £480,000 | 30 ARBUTUS ROAD |
| 21 Apr 2023 | £428,005 | £420,000 | 1 ARBUTUS ROAD |
| 19 Aug 2022 | £527,466 | £525,000 | 52 WILLOW ROAD |
| 29 Mar 2022 | £463,506 | £444,000 | 20 ARBUTUS ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Box Tree Walk |
| May 2024 | Anti-social behaviour | On or near Box Tree Walk | |
| May 2024 | Anti-social behaviour | On or near Box Tree Walk | |
| May 2024 | Violence and sexual offences | Under investigation | On or near Box Tree Walk |
| May 2024 | Anti-social behaviour | On or near Box Tree Walk |