£314,815
This estimated value is based upon the latest sale price for the house of £290,000 on 30 Sep 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 |
|---|---|
| £290,000 | 30 Sep 2021 |
| £216,500 | 3 Jun 2011 |
| £205,000 | 20 Dec 2006 |
| £155,000 | 5 Feb 2001 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 94 sq meters or 1,018 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 September 2021 the House Price Index for SURREY was 137.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.557%.Applying this 8.557% change to the original purchase price of £290,000 results in an estimated price of approximately £314,815.
| 30 Sep 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 149.7 | 8.557 % | £290,000 | £24,815 | £314,815 |
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 | -22.880 % | £-66,350 | £223,649 |
| 3 Month Average | -11.861 % | £-34,397 | £255,602 |
| 6 Month Average | -6.369 % | £-18,471 | £271,528 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 Mar 2023 | £274,586 | £270,000 | 34 REGENTS MEWS |
| 14 Feb 2023 | £95,639 | £95,000 | 36 MAGNOLIA COURT |
| 1 Nov 2022 | £183,144 | £184,000 | 31 MAGNOLIA COURT |
| 20 Jun 2022 | £254,940 | £249,490 | 5 ELIZABETH COURT VICTORIA ROAD |
| 27 Apr 2022 | £264,543 | £255,000 | 42 REGENTS MEWS |
This house has a floor area of 94 sq meters or 1,018 sq feet when measured on 24 Aug 2009. Using an estimated price of £314,815 means this house is valued at £3,326 per sq meter (£309 per sq foot).
The average size of a house on REGENTS MEWS is 73 sq meters (787 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Public order | Unable to prosecute suspect | On or near Elizabeth Court |
| May 2024 | Anti-social behaviour | On or near Elizabeth Court | |
| May 2024 | Anti-social behaviour | On or near Elizabeth Court | |
| May 2024 | Anti-social behaviour | On or near Elizabeth Court | |
| May 2024 | Robbery | Unable to prosecute suspect | On or near Elizabeth Court |