£522,563
This estimated value is based upon the latest sale price for the house of £330,000 on 28 Feb 2014. 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 |
|---|---|
| £330,000 | 28 Feb 2014 |
| £157,750 | 5 Aug 1999 |
| £98,000 | 12 May 1999 |
| £72,000 | 5 May 1995 |
| Semi-Detached |
| Freehold |
| Floor Area: 112 sq meters or 1,205 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 2014 the House Price Index for SURREY was 93.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 58.353%.Applying this 58.353% change to the original purchase price of £330,000 results in an estimated price of approximately £522,563.
| 28 Feb 2014 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.8 | 148.6 | 58.353 % | £330,000 | £192,563 | £522,563 |
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 | 119.249 % | £393,520 | £723,520 |
| 3 Month Average | 57.660 % | £190,276 | £520,276 |
| 6 Month Average | 34.881 % | £115,108 | £445,108 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 10 Nov 2023 | £649,618 | £640,000 | 12 LUMLEY ROAD |
| 5 Apr 2023 | £641,912 | £635,000 | 92 LUMLEY ROAD |
| 27 Jan 2023 | £477,750 | £480,000 | 37 LUMLEY ROAD |
| 6 Jan 2023 | £398,125 | £400,000 | 27 ALBERT ROAD |
| 16 Jun 2022 | £481,809 | £475,000 | 77 LUMLEY ROAD |
This house has a floor area of 112 sq meters or 1,205 sq feet when measured on 15 Aug 2013. Using an estimated price of £522,563 means this house is valued at £4,665 per sq meter (£433 per sq foot).
The average size of a house on LUMLEY ROAD is 84 sq meters (905 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Bicycle theft | Under investigation | On or near St Hilda'S Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near St Hilda'S Close |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near St Hilda'S Close |
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Anti-social behaviour | On or near Parking Area |