£944,340
This estimated value is based upon the latest sale price for the house of £885,000 on 1 Dec 2021. 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 |
|---|---|
| £885,000 | 1 Dec 2021 |
| £700,000 | 31 Oct 2017 |
| £285,000 | 9 Feb 2001 |
| Detached |
| Freehold |
| Floor Area: 97 sq meters or 1,044 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 December 2021 the House Price Index for SURREY was 138.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 6.705%.Applying this 6.705% change to the original purchase price of £885,000 results in an estimated price of approximately £944,340.
| 1 Dec 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.7 | 148.0 | 6.705 % | £885,000 | £59,340 | £944,340 |
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 | 3.921 % | £34,700 | £919,700 |
| 3 Month Average | -22.782 % | £-201,620 | £683,379 |
| 6 Month Average | -15.115 % | £-133,770 | £751,229 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Mar 2023 | £452,446 | £450,000 | 34 CHURCH ROAD |
| 17 Mar 2023 | £854,620 | £850,000 | 4 PARK LANE EAST |
| 24 Nov 2022 | £959,442 | £975,000 | 10 KNIGHTWOOD CLOSE |
| 29 Jul 2022 | £310,580 | £311,000 | 43 ALEXANDER ROAD |
| 17 May 2022 | £933,882 | £920,000 | 19 CRESCENT ROAD |
This house has a floor area of 97 sq meters or 1,044 sq feet when measured on 20 Jun 2016. Using an estimated price of £944,340 means this house is valued at £9,735 per sq meter (£904 per sq foot).
The average size of a house on PRIORY DRIVE is 146 sq meters (1,580 sq feet).
This house is the smallest in the street with a floor area of 97 sq meters (1,044 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Old Pottery Close |
| Apr 2024 | Robbery | Investigation complete; no suspect identified | On or near Old Pottery Close |
| Mar 2024 | Anti-social behaviour | On or near Park Lane East | |
| Mar 2024 | Anti-social behaviour | On or near Park Lane East | |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Alexander Road |