£557,190
This estimated value is based upon the latest sale price for the house of £108,000 on 10 Jun 1997. 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 |
|---|---|
| £108,000 | 10 Jun 1997 |
| 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 June 1997 the House Price Index for SURREY was 29.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 415.917%.Applying this 415.917% change to the original purchase price of £108,000 results in an estimated price of approximately £557,190.
| 10 Jun 1997 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 29.0 | 149.7 | 415.917 % | £108,000 | £449,190 | £557,190 |
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 | 530.642 % | £573,093 | £681,093 |
| 3 Month Average | 374.184 % | £404,118 | £512,118 |
| 6 Month Average | 393.500 % | £424,980 | £532,980 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Jun 2024 | £315,000 | £315,000 | 12 BRAMLEY WALK |
| 1 Dec 2023 | £420,419 | £407,500 | 28 MIDDLEFIELD |
| 3 Nov 2023 | £359,116 | £350,000 | 15 OAKLANDS |
| 12 Sep 2023 | £409,016 | £400,000 | 1 BRAMLEY WALK |
| 30 Jun 2023 | £400,016 | £392,000 | 1 OAKLANDS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oaklands |
| Sep 2024 | Burglary | Under investigation | On or near Broadlands |
| Aug 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Hilton Court |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Clarence Court |
| Sep 2024 | Anti-social behaviour | On or near Broadmead |