£342,570
This estimated value is based upon the latest sale price for the house of £220,000 on 30 Apr 2014. This value is then adjusted by the current Official House Price Index for SURREY 1
There has been one burglary within the last year on or near Copse Lane
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2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
| Price Paid | Date |
|---|---|
| £220,000 | 30 Apr 2014 |
| £200,000 | 28 Sep 2007 |
| £128,500 | 8 Nov 2002 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 2014 the House Price Index for SURREY was 95.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 55.714%.Applying this 55.714% change to the original purchase price of £220,000 results in an estimated price of approximately £342,570.
| 30 Apr 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.4 | 148.6 | 55.714 % | £220,000 | £122,570 | £342,570 |
The Postcode Pricing Model uses changes in average sales price within the RH6 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 | 125.959 % | £277,108 | £497,108 |
| 3 Month Average | 61.534 % | £135,374 | £355,374 |
| 6 Month Average | 36.324 % | £79,912 | £299,912 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Apr 2023 | £227,449 | £225,000 | 23 OAKSIDE COURT |
| 3 Apr 2023 | £222,395 | £220,000 | 55 OAKSIDE COURT |
| 3 Feb 2023 | £459,691 | £460,000 | 6 COPSE LANE |
| 10 Aug 2022 | £239,356 | £240,000 | 51 OAKSIDE COURT |
| 9 Aug 2022 | £189,490 | £190,000 | 15 COPSE LANE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 11 Feb 2014. Using an estimated price of £342,571 means this house is valued at £6,228 per sq meter (£578 per sq foot).
The average size of a house on COPSE LANE is 52 sq meters (561 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Copse Lane |
| Dec 2023 | Violence and sexual offences | Local resolution | On or near Copse Lane |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Copse Lane |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oakside Court |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oakside Court |