£319,448
This estimated value is based upon the latest sale price for the house of £167,000 on 7 Oct 2004. 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 |
---|---|
£167,000 | 7 Oct 2004 |
£129,995 | 30 Jun 2000 |
Flats/Maisonettes |
Leasehold |
Floor Area: 63 sq meters or 678 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 October 2004 the House Price Index for SURREY was 78.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 91.287%.Applying this 91.287% change to the original purchase price of £167,000 results in an estimated price of approximately £319,448.
7 Oct 2004 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
78.3 | 149.7 | 91.287 % | £167,000 | £152,448 | £319,448 |
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 | 91.407 % | £152,649 | £319,649 |
3 Month Average | 68.124 % | £113,767 | £280,767 |
6 Month Average | 83.371 % | £139,229 | £306,229 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
24 Mar 2023 | £274,586 | £270,000 | 34 REGENTS MEWS |
14 Feb 2023 | £95,639 | £95,000 | 36 MAGNOLIA COURT |
1 Nov 2022 | £183,144 | £184,000 | 31 MAGNOLIA COURT |
20 Jun 2022 | £254,940 | £249,490 | 5 ELIZABETH COURT VICTORIA ROAD |
27 Apr 2022 | £264,543 | £255,000 | 42 REGENTS MEWS |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 19 Feb 2020. Using an estimated price of £319,448 means this house is valued at £5,070 per sq meter (£471 per sq foot).
The average size of a house on REGENTS MEWS is 73 sq meters (787 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jun 2024 | Public order | Unable to prosecute suspect | On or near Elizabeth Court |
May 2024 | Anti-social behaviour | On or near Elizabeth Court | |
May 2024 | Anti-social behaviour | On or near Elizabeth Court | |
May 2024 | Anti-social behaviour | On or near Elizabeth Court | |
May 2024 | Robbery | Unable to prosecute suspect | On or near Elizabeth Court |