£251,153
This estimated value is based upon the latest sale price for the house of £204,000 on 31 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 |
|---|---|
| £204,000 | 31 May 2019 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 59 sq meters or 635 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 £204,000 results in an estimated price of approximately £251,153.
| 31 May 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.115 % | £204,000 | £47,153 | £251,153 |
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 | 10.867 % | £22,167 | £226,167 |
| 3 Month Average | 26.700 % | £54,467 | £258,467 |
| 6 Month Average | 14.024 % | £28,608 | £232,608 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 13 Jun 2023 | £93,256 | £92,500 | FLAT 8 GLEN EAGLES AURUM CLOSE |
| 19 Apr 2023 | £287,134 | £285,000 | 6 FAIRLAWNS |
| 17 Feb 2023 | £258,776 | £260,000 | 1 SUNNINGDALE AURUM CLOSE |
| 18 Mar 2022 | £196,095 | £190,000 | 1 MUIRFIELD AURUM CLOSE |
| 5 Nov 2021 | £275,750 | £256,000 | 10 GROVELANDS |
This house has a floor area of 59 sq meters or 635 sq feet when measured on 2 Apr 2019. Using an estimated price of £251,154 means this house is valued at £4,256 per sq meter (£395 per sq foot).
The average size of a house on FAIRLAWNS is 70 sq meters (756 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near The Grove |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Aurum Close |
| Apr 2024 | Public order | Investigation complete; no suspect identified | On or near Aurum Close |
| Mar 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Aurum Close |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Brookwood Park |