£609,427
This estimated value is based upon the latest sale price for the house of £485,000 on 11 May 2018. 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 |
|---|---|
| £485,000 | 11 May 2018 |
| £399,995 | 26 May 2009 |
| 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 May 2018 the House Price Index for SURREY was 119.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.655%.Applying this 25.655% change to the original purchase price of £485,000 results in an estimated price of approximately £609,427.
| 11 May 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.1 | 149.7 | 25.655 % | £485,000 | £124,427 | £609,427 |
The Postcode Pricing Model uses changes in average sales price within the RH1 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 | 7.643 % | £37,069 | £522,069 |
| 3 Month Average | 1.660 % | £8,050 | £493,050 |
| 6 Month Average | 21.076 % | £102,219 | £587,219 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 4 Dec 2023 | £541,644 | £525,000 | 8 PRIDDY PLACE |
| 3 Feb 2023 | £775,178 | £770,000 | 150 NUTFIELD ROAD |
| 24 Aug 2022 | £416,950 | £415,000 | 8 MOCKFORD MEWS |
| 2 Aug 2022 | £552,584 | £550,000 | 42 HOLMESDALE AVENUE |
| 22 Jun 2022 | £600,333 | £587,500 | 9 HOLMESDALE AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Jeremiah Court |
| Jul 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Lilley Mead |
| Jul 2024 | Anti-social behaviour | On or near Mockford Mews | |
| Jul 2024 | Anti-social behaviour | On or near Mockford Mews | |
| Jul 2024 | Anti-social behaviour | On or near Mockford Mews |