£438,033
This estimated value is based upon the latest sale price for the house of £352,000 on 14 Feb 2019. 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 |
|---|---|
| £352,000 | 14 Feb 2019 |
| £210,000 | 30 Jun 2008 |
| £180,000 | 20 Dec 2004 |
| £124,000 | 6 Apr 2001 |
| £67,500 | 27 Oct 1995 |
| Semi-Detached |
| Freehold |
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 2019 the House Price Index for SURREY was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.441%.Applying this 24.441% change to the original purchase price of £352,000 results in an estimated price of approximately £438,033.
| 14 Feb 2019 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.441 % | £352,000 | £86,033 | £438,033 |
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 | 15.489 % | £54,521 | £406,521 |
| 3 Month Average | 6.979 % | £24,565 | £376,565 |
| 6 Month Average | 6.031 % | £21,228 | £373,228 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Aug 2023 | £381,888 | £375,000 | 20 MEAD PLACE |
| 4 Aug 2022 | £522,443 | £520,000 | 4 ORCHARD ROAD |
| 23 Jun 2022 | £350,492 | £343,000 | 1 MEAD PLACE |
| 27 May 2022 | £385,031 | £375,000 | 17 MEAD PLACE |
| 1 Feb 2022 | £364,478 | £345,000 | 11 THISTLE WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Drugs | Investigation complete; no suspect identified | On or near Heather Walk |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mead Place |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mead Place |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mead Place |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Mead Place |