£403,484
This estimated value is based upon the latest sale price for the house of £120,000 on 23 Jul 2001. 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 |
|---|---|
| £120,000 | 23 Jul 2001 |
| Terraced |
| Freehold |
| Floor Area: 100 sq meters or 1,076 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 July 2001 the House Price Index for SURREY was 44.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 236.237%.Applying this 236.237% change to the original purchase price of £120,000 results in an estimated price of approximately £403,484.
| 23 Jul 2001 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 44.2 | 148.6 | 236.237 % | £120,000 | £283,484 | £403,484 |
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 | 235.671 % | £282,805 | £402,805 |
| 3 Month Average | 130.100 % | £156,120 | £276,120 |
| 6 Month Average | 150.187 % | £180,224 | £300,224 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 26 Jun 2023 | £784,503 | £775,000 | 18 SOUTH ROAD |
| 17 Apr 2023 | £449,844 | £445,000 | 3 HARRISON CLOSE |
| 29 Nov 2022 | £345,811 | £350,000 | 43 HARRISON CLOSE |
| 18 Oct 2022 | £781,585 | £790,000 | 32 SOUTH ROAD |
| 5 Jul 2022 | £325,877 | £325,000 | 38 HARRISON CLOSE |
This house has a floor area of 100 sq meters or 1,076 sq feet when measured on 20 Jan 2015. Using an estimated price of £403,485 means this house is valued at £4,034 per sq meter (£374 per sq foot).
The average size of a house on HARRISON CLOSE is 89 sq meters (962 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near St Mary'S Road |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Effingham Road |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Andrew'S Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lymden Gardens |
| Mar 2024 | Other crime | Under investigation | On or near West Road |