£427,797
This estimated value is based upon the latest sale price for the house of £370,000 on 7 Dec 2020. This value is then adjusted by the current Official House Price Index for SURREY 1
Get our free house price tracker.
2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
| Price Paid | Date |
|---|---|
| £370,000 | 7 Dec 2020 |
| £222,500 | 4 Aug 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 979 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 December 2020 the House Price Index for SURREY was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £370,000 results in an estimated price of approximately £427,797.
| 7 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £370,000 | £57,797 | £427,797 |
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 | -6.794 % | £-25,136 | £344,863 |
| 3 Month Average | -14.863 % | £-54,991 | £315,008 |
| 6 Month Average | -2.383 % | £-8,816 | £361,183 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £406,242 | £400,000 | 14 PARKWAY |
| 15 Dec 2023 | £582,912 | £565,000 | 58 HEVERS AVENUE |
| 24 Jan 2023 | £518,385 | £517,000 | 17 PARKWAY |
| 25 Jul 2022 | £212,126 | £210,000 | 31 VICTORIA CLOSE |
| 18 Mar 2022 | £396,695 | £380,000 | 28 PARKWAY |
This house has a floor area of 91 sq meters or 979 sq feet when measured on 3 May 2017. Using an estimated price of £427,797 means this house is valued at £4,701 per sq meter (£436 per sq foot).
The average size of a house on PARKWAY is 101 sq meters (1,091 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Anti-social behaviour | On or near Parkway | |
| May 2024 | Anti-social behaviour | On or near Parkway | |
| May 2024 | Anti-social behaviour | On or near Parkway | |
| Jul 2024 | Anti-social behaviour | On or near Victoria Close | |
| Jun 2024 | Anti-social behaviour | On or near Victoria Close |