£344,769
This estimated value is based upon the latest sale price for the house of £345,000 on 2 Sep 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 |
|---|---|
| £345,000 | 2 Sep 2022 |
| £286,000 | 27 Oct 2017 |
| £330,000 | 26 May 2016 |
| £106,000 | 30 Oct 2000 |
| £75,500 | 21 Dec 1998 |
| Terraced |
| Freehold |
| Floor Area: 46 sq meters or 495 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 2022 the House Price Index for SURREY was 149.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of -0.067%.Applying this -0.067% change to the original purchase price of £345,000 results in an estimated price of approximately £344,769.
| 2 Sep 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 149.8 | 149.7 | -0.067 % | £345,000 | £-230 | £344,769 |
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 | 24.441 % | £84,321 | £429,321 |
| 3 Month Average | -8.790 % | £-30,326 | £314,673 |
| 6 Month Average | 0.329 % | £1,135 | £346,135 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Apr 2024 | £337,935 | £335,000 | 44 GREENWOOD DRIVE |
| 26 Oct 2023 | £255,810 | £250,000 | 11 THE BROW |
| 19 Oct 2023 | £353,018 | £345,000 | 53 SPENCER WAY |
| 21 Aug 2023 | £493,908 | £485,000 | 9 JORDANS CLOSE |
| 2 Sep 2022 | £344,770 | £345,000 | 49A GREENWOOD DRIVE |
This house has a floor area of 46 sq meters or 495 sq feet when measured on 8 May 2017. Using an estimated price of £344,770 means this house is valued at £7,495 per sq meter (£696 per sq foot).
The average size of a house on GREENWOOD DRIVE is 73 sq meters (787 sq feet).
This house is the smallest in the street with a floor area of 46 sq meters (495 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Anti-social behaviour | On or near Greenwood Drive | |
| Oct 2024 | Anti-social behaviour | On or near Greenwood Drive | |
| Oct 2024 | Anti-social behaviour | On or near Greenwood Drive | |
| Sep 2024 | Anti-social behaviour | On or near Greenwood Drive | |
| Sep 2024 | Anti-social behaviour | On or near Greenwood Drive |