£296,499
This estimated value is based upon the latest sale price for the house of £175,000 on 18 Oct 2010. 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 |
|---|---|
| £175,000 | 18 Oct 2010 |
| £118,000 | 31 Aug 2001 |
| £60,000 | 24 Jan 1997 |
| Terraced |
| Freehold |
| Floor Area: 55 sq meters or 592 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 2010 the House Price Index for SURREY was 87.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 69.428%.Applying this 69.428% change to the original purchase price of £175,000 results in an estimated price of approximately £296,499.
| 18 Oct 2010 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.4 | 148.0 | 69.428 % | £175,000 | £121,499 | £296,499 |
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 | 35.825 % | £62,694 | £237,694 |
| 3 Month Average | 105.692 % | £184,960 | £359,960 |
| 6 Month Average | 61.224 % | £107,142 | £282,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Dec 2023 | £468,871 | £460,000 | 1 ACORN CLOSE |
| 3 Nov 2023 | £481,177 | £475,000 | 7 LONGCHAMPS CLOSE |
| 8 Mar 2023 | £316,712 | £315,000 | 3 BRAMLEY WALK |
| 27 Jan 2023 | £693,905 | £700,000 | 20 WEST MEADS |
| 30 Sep 2022 | £414,953 | £420,000 | 17 CARLTON TYE |
This house has a floor area of 55 sq meters or 592 sq feet when measured on 15 Jul 2021. Using an estimated price of £296,499 means this house is valued at £5,390 per sq meter (£500 per sq foot).
The average size of a house on BRAMLEY WALK is 76 sq meters (819 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Longchamp Close | |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarence Court |
| Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Raymer Walk |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near The Meadway |
| Mar 2024 | Other theft | Unable to prosecute suspect | On or near Ewelands |