£587,407
This estimated value is based upon the latest sale price for the house of £340,000 on 30 Nov 2010. 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 |
|---|---|
| £340,000 | 30 Nov 2010 |
| £338,000 | 24 Nov 2006 |
| £250,000 | 19 Dec 2003 |
| £145,000 | 8 Feb 2002 |
| Terraced |
| Freehold |
| Floor Area: 81 sq meters or 881 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 November 2010 the House Price Index for SURREY was 86.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 72.767%.Applying this 72.767% change to the original purchase price of £340,000 results in an estimated price of approximately £587,407.
| 30 Nov 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.6 | 149.7 | 72.767 % | £340,000 | £247,407 | £587,407 |
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 | 88.656 % | £301,429 | £641,429 |
| 3 Month Average | 65.550 % | £222,869 | £562,869 |
| 6 Month Average | 54.848 % | £186,484 | £526,484 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Mar 2024 | £498,661 | £491,000 | 33 ST MARYS ROAD |
| 14 Mar 2024 | £533,192 | £525,000 | 87 LESBOURNE ROAD |
| 18 Sep 2023 | £534,278 | £522,500 | 34 GLOVERS ROAD |
| 28 Apr 2023 | £486,422 | £477,324 | 38 GLOVERS ROAD |
| 21 Apr 2023 | £478,958 | £470,000 | 55 ST MARYS ROAD |
This house has a floor area of 81 sq meters or 881 sq feet when measured on 21 Apr 2010. Using an estimated price of £587,407 means this house is valued at £7,172 per sq meter (£666 per sq foot).
The average size of a house on GLOVERS ROAD is 106 sq meters (1,142 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near South Road |
| Jun 2024 | Vehicle crime | Unable to prosecute suspect | On or near Chart Lane |
| May 2024 | Violence and sexual offences | Under investigation | On or near West Road |
| May 2024 | Other theft | Investigation complete; no suspect identified | On or near West Road |
| May 2024 | Violence and sexual offences | Under investigation | On or near West Road |