£267,109
This estimated value is based upon the latest sale price for the house of £200,000 on 27 Jun 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 |
|---|---|
| £200,000 | 27 Jun 2016 |
| £60,000 | 18 May 1998 |
| £40,000 | 12 Sep 1996 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 June 2016 the House Price Index for SURREY was 111.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 33.555%.Applying this 33.555% change to the original purchase price of £200,000 results in an estimated price of approximately £267,109.
| 27 Jun 2016 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 148.6 | 33.555 % | £200,000 | £67,109 | £267,109 |
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 | 34.194 % | £68,388 | £268,388 |
| 3 Month Average | 24.974 % | £49,947 | £249,947 |
| 6 Month Average | 11.837 % | £23,673 | £223,673 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £400,000 | £400,000 | 14 PARKWAY |
| 15 Dec 2023 | £575,062 | £565,000 | 58 HEVERS AVENUE |
| 29 Sep 2023 | £445,699 | £440,000 | 2 QUEENS COURT QUEENS ROAD |
| 21 Jul 2023 | £280,779 | £277,000 | 35 VICTORIA CLOSE |
| 24 Jan 2023 | £514,576 | £517,000 | 17 PARKWAY |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 29 Apr 2020. Using an estimated price of £267,110 means this house is valued at £4,527 per sq meter (£420 per sq foot).
The average size of a house on VICTORIA CLOSE is 57 sq meters (615 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Investigation complete; no suspect identified | On or near Victoria Close |
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Park View |
| Mar 2024 | Other crime | Under investigation | On or near Parking Area |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area |