£451,134
This estimated value is based upon the latest sale price for the house of £360,000 on 29 Jun 2018. 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 |
---|---|
£360,000 | 29 Jun 2018 |
£240,000 | 21 Jun 2010 |
£183,500 | 1 Apr 2003 |
Terraced |
Freehold |
Floor Area: 63 sq meters or 678 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 June 2018 the House Price Index for SURREY was 119.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 25.315%.Applying this 25.315% change to the original purchase price of £360,000 results in an estimated price of approximately £451,134.
29 Jun 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
119.5 | 149.7 | 25.315 % | £360,000 | £91,134 | £451,134 |
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 | 4.217 % | £15,181 | £375,181 |
3 Month Average | 14.012 % | £50,443 | £410,443 |
6 Month Average | 20.323 % | £73,161 | £433,161 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
26 Jul 2024 | £370,000 | £370,000 | 22 BUCKHURST CLOSE |
21 Apr 2023 | £1,350,255 | £1,325,000 | 26C LINKFIELD LANE |
26 Apr 2022 | £477,214 | £460,000 | 33 PARK ROAD |
25 Mar 2022 | £448,891 | £430,000 | 9 BUCKHURST CLOSE |
25 Feb 2022 | £391,946 | £371,000 | 28 SILVERSTONE CLOSE |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 6 May 2015. Using an estimated price of £451,134 means this house is valued at £7,160 per sq meter (£665 per sq foot).
The average size of a house on GOODWOOD ROAD is 74 sq meters (801 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Sep 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Linkfield Lane |
Sep 2024 | Violence and sexual offences | Under investigation | On or near Woodfield Way |
Oct 2024 | Violence and sexual offences | Under investigation | On or near Eldersley Close |
Sep 2024 | Anti-social behaviour | On or near Eldersley Close | |
Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Eldersley Close |