£489,790
This estimated value is based upon the latest sale price for the house of £487,500 on 2 Aug 2022. 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 |
|---|---|
| £487,500 | 2 Aug 2022 |
| £350,000 | 29 Aug 2014 |
| £130,000 | 22 Jul 2002 |
| Terraced |
| Freehold |
| Floor Area: 103 sq meters or 1,108 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 August 2022 the House Price Index for SURREY was 149.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 0.470%.Applying this 0.470% change to the original purchase price of £487,500 results in an estimated price of approximately £489,790.
| 2 Aug 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.0 | 149.7 | 0.470 % | £487,500 | £2,290 | £489,790 |
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 | -11.241 % | £-54,800 | £432,699 |
| 3 Month Average | -2.599 % | £-12,669 | £474,830 |
| 6 Month Average | 4.870 % | £23,741 | £511,241 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £366,254 | £355,000 | 82 EARLSWOOD ROAD |
| 1 Dec 2023 | £255,862 | £248,000 | FLAT 8 LATIMER COURT |
| 29 Nov 2023 | £249,329 | £243,000 | FLAT 3 LATIMER COURT |
| 13 Oct 2023 | £322,321 | £315,000 | 38A EARLSWOOD ROAD |
| 8 Aug 2023 | £381,888 | £375,000 | 38 EARLSWOOD ROAD |
This house has a floor area of 103 sq meters or 1,108 sq feet when measured on 2 Apr 2014. Using an estimated price of £489,790 means this house is valued at £4,755 per sq meter (£441 per sq foot).
The average size of a house on EARLSWOOD ROAD is 95 sq meters (1,023 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Under investigation | On or near Parking Area |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Aug 2024 | Anti-social behaviour | On or near Carriage Walk | |
| Aug 2024 | Anti-social behaviour | On or near Carriage Walk | |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Earlswood Road |