£1,162,332
This estimated value is based upon the latest sale price for the house of £245,000 on 12 Feb 1998. This value is then adjusted by the current Official House Price Index for SURREY 1
There have been two burglaries within the last year on or near Raglan Road
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2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
Price Paid | Date |
---|---|
£245,000 | 12 Feb 1998 |
Detached |
Freehold |
Floor Area: 120 sq meters or 1,291 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 1998 the House Price Index for SURREY was 30.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 374.421%.Applying this 374.421% change to the original purchase price of £245,000 results in an estimated price of approximately £1,162,332.
12 Feb 1998 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
30.9 | 146.7 | 374.421 % | £245,000 | £917,332 | £1,162,332 |
The Postcode Pricing Model uses changes in average sales price within the RH2 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 | 312.962 % | £766,756 | £1,011,756 |
3 Month Average | 217.827 % | £533,674 | £778,674 |
6 Month Average | 313.826 % | £768,874 | £1,013,874 |
This house has a floor area of 120 sq meters or 1,291 sq feet when measured on 15 Aug 2019.
The average size of a house on LAGLANDS CLOSE is 209 sq meters (2,256 sq feet).
This house is the smallest in the street with a floor area of 120 sq meters (1,291 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Feb 2024 | Burglary | Under investigation | On or near Raglan Road |
Jan 2024 | Burglary | Investigation complete; no suspect identified | On or near Raglan Road |
Dec 2023 | Other theft | Investigation complete; no suspect identified | On or near Raglan Road |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greystones Drive |
Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Greystones Drive |