£450,330
This estimated value is based upon the latest sale price for the house of £362,000 on 17 Sep 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 |
|---|---|
| £362,000 | 17 Sep 2018 |
| £249,950 | 24 Jan 2012 |
| Detached |
| Freehold |
| Floor Area: 65 sq meters or 699 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 2018 the House Price Index for SURREY was 120.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 24.401%.Applying this 24.401% change to the original purchase price of £362,000 results in an estimated price of approximately £450,330.
| 17 Sep 2018 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 149.7 | 24.401 % | £362,000 | £88,330 | £450,330 |
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 | 48.918 % | £177,084 | £539,084 |
| 3 Month Average | 12.148 % | £43,976 | £405,976 |
| 6 Month Average | 18.651 % | £67,516 | £429,516 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £366,254 | £355,000 | 82 EARLSWOOD ROAD |
| 13 Oct 2023 | £322,321 | £315,000 | 38A EARLSWOOD ROAD |
| 25 Aug 2023 | £522,422 | £513,000 | 29 COMMON ROAD |
| 8 Aug 2023 | £381,888 | £375,000 | 38 EARLSWOOD ROAD |
| 1 Aug 2023 | £549,918 | £540,000 | 76 EARLSWOOD ROAD |
This house has a floor area of 65 sq meters or 699 sq feet when measured on 27 Feb 2015. Using an estimated price of £450,330 means this house is valued at £6,928 per sq meter (£643 per sq foot).
The average size of a house on COMMON ROAD is 90 sq meters (976 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Common Road |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Parking Area |
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Parking Area |
| Oct 2024 | Anti-social behaviour | On or near Earlswood Road | |
| Oct 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Earlswood Road |