£393,063
This estimated value is based upon the latest sale price for the house of £249,950 on 7 Sep 2007. 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 |
|---|---|
| £249,950 | 7 Sep 2007 |
| £178,000 | 31 Mar 2005 |
| Semi-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 September 2007 the House Price Index for SURREY was 95.2.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 57.257%.Applying this 57.257% change to the original purchase price of £249,950 results in an estimated price of approximately £393,063.
| 7 Sep 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 95.2 | 149.7 | 57.257 % | £249,950 | £143,113 | £393,063 |
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 | 74.264 % | £185,621 | £435,571 |
| 3 Month Average | 59.416 % | £148,510 | £398,460 |
| 6 Month Average | 75.399 % | £188,459 | £438,409 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £435,894 | £422,500 | 61 BROOK ROAD |
| 18 Aug 2023 | £218,949 | £215,000 | 65 WOOD STREET |
| 18 Aug 2023 | £361,520 | £355,000 | 6 PURBECK CLOSE |
| 17 Nov 2022 | £442,929 | £445,000 | 9 BROOK ROAD |
| 4 May 2022 | £354,228 | £345,000 | 12 PURBECK CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Anti-social behaviour | On or near Wood Street | |
| Sep 2024 | Anti-social behaviour | On or near Wood Street | |
| Aug 2024 | Anti-social behaviour | On or near Wood Street | |
| Aug 2024 | Anti-social behaviour | On or near Wood Street | |
| Aug 2024 | Public order | Under investigation | On or near Wood Street |