£549,390
This estimated value is based upon the latest sale price for the house of £450,000 on 3 Apr 2019. 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 |
|---|---|
| £450,000 | 3 Apr 2019 |
| Terraced |
| Freehold |
| Floor Area: 88 sq meters or 947 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 April 2019 the House Price Index for SURREY was 120.2.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 22.087%.Applying this 22.087% change to the original purchase price of £450,000 results in an estimated price of approximately £549,390.
| 3 Apr 2019 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 146.7 | 22.087 % | £450,000 | £99,390 | £549,390 |
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 | 24.343 % | £109,541 | £559,541 |
| 3 Month Average | -8.644 % | £-38,896 | £411,103 |
| 6 Month Average | 2.908 % | £13,086 | £463,086 |
This house has a floor area of 88 sq meters or 947 sq feet when measured on 12 May 2017.
The average size of a house on ALBION ROAD is 101 sq meters (1,093 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Albion Road |
| Feb 2024 | Anti-social behaviour | On or near Penfold Close | |
| Feb 2024 | Anti-social behaviour | On or near Penfold Close | |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Crakell Road |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Crakell Road |