£730,615
This estimated value is based upon the latest sale price for the house of £550,000 on 22 Sep 2016. 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 |
|---|---|
| £550,000 | 22 Sep 2016 |
| £373,000 | 11 Nov 2011 |
| Semi-Detached |
| Freehold |
| Floor Area: 156 sq meters or 1,679 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 September 2016 the House Price Index for SURREY was 111.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 32.839%.Applying this 32.839% change to the original purchase price of £550,000 results in an estimated price of approximately £730,615.
| 22 Sep 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.9 | 148.6 | 32.839 % | £550,000 | £180,615 | £730,615 |
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 | 61.753 % | £339,643 | £889,643 |
| 3 Month Average | 17.461 % | £96,033 | £646,033 |
| 6 Month Average | 5.827 % | £32,049 | £582,049 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £639,467 | £630,000 | 12 CASTLE DRIVE |
| 30 Nov 2023 | £629,317 | £620,000 | 20 CASTLE DRIVE |
| 4 Aug 2023 | £726,354 | £720,000 | 32 BALCOMBE GARDENS |
| 4 Aug 2023 | £537,704 | £533,000 | 27 BALCOMBE GARDENS |
| 31 Mar 2023 | £413,899 | £410,000 | 163 BALCOMBE ROAD |
This house has a floor area of 156 sq meters or 1,679 sq feet when measured on 29 Sep 2010. Using an estimated price of £730,615 means this house is valued at £4,683 per sq meter (£435 per sq foot).
The average size of a house on CASTLE DRIVE is 106 sq meters (1,143 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Drive |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Castle Drive |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Castle Drive |
| Feb 2024 | Possession of weapons | Unable to prosecute suspect | On or near Castle Drive |