£212,011
This estimated value is based upon the latest sale price for the house of £114,000 on 6 Jun 2005. 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 |
|---|---|
| £114,000 | 6 Jun 2005 |
| £68,500 | 15 Jun 2000 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 51 sq meters or 548 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 2005 the House Price Index for SURREY was 80.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 85.975%.Applying this 85.975% change to the original purchase price of £114,000 results in an estimated price of approximately £212,011.
| 6 Jun 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 80.5 | 149.7 | 85.975 % | £114,000 | £98,011 | £212,011 |
The Postcode Pricing Model uses changes in average sales price within the RH2 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 | 91.646 % | £104,476 | £218,476 |
| 3 Month Average | 77.249 % | £88,063 | £202,063 |
| 6 Month Average | 93.562 % | £106,660 | £220,660 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Mar 2023 | £450,015 | £442,500 | 10 WESTERN PARADE |
| 16 Feb 2022 | £850,448 | £805,000 | 29 VOGAN CLOSE |
| 29 Nov 2021 | £800,797 | £735,000 | 3 LIME CLOSE |
| 30 Jul 2021 | £839,385 | £725,000 | 6 VOGAN CLOSE |
| 21 Jul 2021 | £422,587 | £365,000 | 86 HORNBEAM ROAD |
This house has a floor area of 51 sq meters or 548 sq feet when measured on 24 Oct 2013. Using an estimated price of £212,011 means this house is valued at £4,157 per sq meter (£386 per sq foot).
The average size of a house on WESTERN PARADE is 55 sq meters (599 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Supermarket |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Supermarket |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
| Jun 2024 | Other theft | Under investigation | On or near Petrol Station |
| Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |