£358,879
This estimated value is based upon the latest sale price for the house of £291,500 on 1 May 2019. 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 |
|---|---|
| £291,500 | 1 May 2019 |
| Terraced |
| Freehold |
| Floor Area: 78 sq meters or 839 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 May 2019 the House Price Index for SURREY was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.115%.Applying this 23.115% change to the original purchase price of £291,500 results in an estimated price of approximately £358,879.
| 1 May 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.115 % | £291,500 | £67,379 | £358,879 |
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 | 1.401 % | £4,083 | £295,583 |
| 3 Month Average | 34.932 % | £101,825 | £393,325 |
| 6 Month Average | 11.952 % | £34,841 | £326,341 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £193,664 | £190,000 | 15 SPIERS WAY |
| 29 Apr 2022 | £412,308 | £402,000 | 90 THE DRIVE |
| 30 Jun 2021 | £341,949 | £320,000 | 80 HYPERION WALK |
| 23 Dec 2020 | £165,746 | £145,000 | 5 HYPERION WALK |
| 16 Oct 2020 | £338,821 | £290,000 | 18 PRIMROSE AVENUE |
This house has a floor area of 78 sq meters or 839 sq feet when measured on 13 Apr 2018. Using an estimated price of £358,879 means this house is valued at £4,601 per sq meter (£427 per sq foot).
The average size of a house on HYPERION WALK is 81 sq meters (880 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near St Hilarys Close |
| Jan 2024 | Other theft | Investigation complete; no suspect identified | On or near Primrose Avenue |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Ridgeway |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near The Ridgeway |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near The Ridgeway |