£479,826
This estimated value is based upon the latest sale price for the house of £415,000 on 10 Dec 2020. 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 |
|---|---|
| £415,000 | 10 Dec 2020 |
| Semi-Detached |
| Freehold |
| Floor Area: 126 sq meters or 1,356 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 December 2020 the House Price Index for SURREY was 129.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 15.621%.Applying this 15.621% change to the original purchase price of £415,000 results in an estimated price of approximately £479,826.
| 10 Dec 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.5 | 149.7 | 15.621 % | £415,000 | £64,826 | £479,826 |
The Postcode Pricing Model uses changes in average sales price within the CR5 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 | 34.193 % | £141,902 | £556,902 |
| 3 Month Average | 34.362 % | £142,601 | £557,601 |
| 6 Month Average | 14.134 % | £58,657 | £473,657 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Apr 2024 | £504,380 | £500,000 | TEPESTEDE GARDEN WALK |
| 15 Dec 2023 | £608,704 | £590,000 | 16 CHURCH LANE DRIVE |
| 31 Aug 2023 | £575,378 | £565,000 | 9 CHURCH LANE DRIVE |
| 6 Apr 2023 | £280,242 | £275,000 | FLAT 8 THE SYCAMORES, 102 BRIGHTON ROAD |
| 24 Mar 2023 | £493,237 | £485,000 | 42 CHURCH LANE AVENUE |
This house has a floor area of 126 sq meters or 1,356 sq feet when measured on 15 Nov 2019. Using an estimated price of £479,827 means this house is valued at £3,808 per sq meter (£353 per sq foot).
The average size of a house on CHURCH LANE DRIVE is 114 sq meters (1,229 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Vehicle crime | Unable to prosecute suspect | On or near Church Lane Avenue |
| Sep 2024 | Burglary | Under investigation | On or near Church Lane |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Church Lane |
| Sep 2024 | Public order | Under investigation | On or near Church Lane Drive |
| Sep 2024 | Other crime | Awaiting court outcome | On or near Petrol Station |