£611,009
This estimated value is based upon the latest sale price for the house of £585,000 on 28 Feb 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 |
|---|---|
| £585,000 | 28 Feb 2022 |
| £535,000 | 20 Nov 2018 |
| £250,000 | 18 Dec 2002 |
| £215,000 | 14 Mar 2002 |
| Semi-Detached |
| Freehold |
| Floor Area: 132 sq meters or 1,420 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 February 2022 the House Price Index for SURREY was 141.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 4.446%.Applying this 4.446% change to the original purchase price of £585,000 results in an estimated price of approximately £611,009.
| 28 Feb 2022 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 148.0 | 4.446 % | £585,000 | £26,009 | £611,009 |
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 | -7.168 % | £-41,930 | £543,069 |
| 3 Month Average | 42.880 % | £250,846 | £835,846 |
| 6 Month Average | -1.660 % | £-9,710 | £575,289 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 2 Jun 2023 | £529,292 | £525,000 | SPINDLEWOOD BALCOMBE ROAD |
| 31 Mar 2023 | £246,332 | £245,000 | 6 THE CHESTNUTS |
| 27 Jan 2023 | £874,320 | £882,000 | 4 BALCOMBE ROAD |
| 30 Nov 2022 | £516,622 | £525,000 | COLESHILL BALCOMBE ROAD |
| 20 Jun 2022 | £241,447 | £239,000 | 5 THE CHESTNUTS |
This house has a floor area of 132 sq meters or 1,420 sq feet when measured on 16 Feb 2015. Using an estimated price of £611,009 means this house is valued at £4,628 per sq meter (£430 per sq foot).
The average size of a house on CHATELET CLOSE is 105 sq meters (1,138 sq feet).
This house is the largest in the street with a floor area of 132 sq meters (1,420 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Cranbourne Close |
| Mar 2024 | Anti-social behaviour | On or near Cranbourne Close | |
| Mar 2024 | Anti-social behaviour | On or near Cranbourne Close | |
| Feb 2024 | Public order | Investigation complete; no suspect identified | On or near Cranbourne Close |
| Jan 2024 | Vehicle crime | Awaiting court outcome | On or near Cranbourne Close |