£451,407
This estimated value is based upon the latest sale price for the house of £386,500 on 13 Nov 2020. 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 |
|---|---|
| £386,500 | 13 Nov 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 85 sq meters or 914 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 November 2020 the House Price Index for SURREY was 128.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 16.794%.Applying this 16.794% change to the original purchase price of £386,500 results in an estimated price of approximately £451,407.
| 13 Nov 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 128.2 | 149.7 | 16.794 % | £386,500 | £64,907 | £451,407 |
The Postcode Pricing Model uses changes in average sales price within the RH1 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 | 11.150 % | £43,095 | £429,595 |
| 3 Month Average | 2.753 % | £10,639 | £397,139 |
| 6 Month Average | 7.878 % | £30,448 | £416,948 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Aug 2023 | £488,816 | £480,000 | 30 ARBUTUS ROAD |
| 21 Apr 2023 | £484,054 | £475,000 | 19 COPSE ROAD |
| 21 Apr 2023 | £428,005 | £420,000 | 1 ARBUTUS ROAD |
| 21 Apr 2023 | £322,703 | £316,667 | 27 ARBUTUS CLOSE |
| 20 Jun 2022 | £413,846 | £405,000 | 17 HARDWICK ROAD |
This house has a floor area of 85 sq meters or 914 sq feet when measured on 11 Jul 2019. Using an estimated price of £451,407 means this house is valued at £5,310 per sq meter (£493 per sq foot).
The average size of a house on ARBUTUS ROAD is 98 sq meters (1,055 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Larch Close |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Arbutus Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greystones Close |
| Nov 2024 | Public order | Under investigation | On or near Arbutus Close |
| Oct 2024 | Anti-social behaviour | On or near Hardwick Road |