£66,695
This estimated value is based upon the latest sale price for the house of £66,250 on 28 Feb 2023. 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 |
|---|---|
| £66,250 | 28 Feb 2023 |
| £70,000 | 21 Feb 2017 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 61 sq meters or 656 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 February 2023 the House Price Index for SURREY was 148.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.672%.Applying this 0.672% change to the original purchase price of £66,250 results in an estimated price of approximately £66,695.
| 28 Feb 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 148.7 | 149.7 | 0.672 % | £66,250 | £445 | £66,695 |
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 | 5.107 % | £3,383 | £69,633 |
| 3 Month Average | -8.560 % | £-5,670 | £60,579 |
| 6 Month Average | 2.900 % | £1,921 | £68,171 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Jul 2024 | £262,500 | £262,500 | 68 CANALSIDE |
| 27 Mar 2023 | £264,416 | £260,000 | 86 CANALSIDE |
| 28 Feb 2023 | £66,696 | £66,250 | 34 CANALSIDE |
| 27 May 2022 | £287,490 | £280,000 | 61 CANALSIDE |
| 14 Mar 2022 | £287,082 | £275,000 | 93 CANALSIDE |
This house has a floor area of 61 sq meters or 656 sq feet when measured on 6 Sep 2016. Using an estimated price of £66,696 means this house is valued at £1,093 per sq meter (£101 per sq foot).
The average size of a house on CANALSIDE is 80 sq meters (868 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Criminal damage and arson | Under investigation | On or near Thornton Side |
| Oct 2024 | Drugs | Under investigation | On or near Thornton Side |
| Oct 2024 | Public order | Unable to prosecute suspect | On or near Thornton Side |
| Oct 2024 | Drugs | Under investigation | On or near Thornton Side |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Thornton Side |