£986,841
This estimated value is based upon the latest sale price for the house of £825,000 on 8 Sep 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 |
---|---|
£825,000 | 8 Sep 2020 |
Detached |
Freehold |
Floor Area: 153 sq meters or 1,646 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 2020 the House Price Index for SURREY was 125.1.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 19.617%.Applying this 19.617% change to the original purchase price of £825,000 results in an estimated price of approximately £986,841.
8 Sep 2020 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
125.1 | 149.7 | 19.617 % | £825,000 | £161,841 | £986,841 |
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 | -34.415 % | £-283,925 | £541,074 |
3 Month Average | 18.885 % | £155,802 | £980,802 |
6 Month Average | 14.896 % | £122,888 | £947,888 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
15 Dec 2023 | £954,324 | £925,000 | 14 CARLTON ROAD |
31 Aug 2023 | £468,449 | £460,000 | 17 SOUTHMEAD |
24 Mar 2023 | £406,793 | £400,000 | 13 CARLTON ROAD |
9 Jan 2023 | £982,626 | £980,000 | 35 CARLTON ROAD |
26 Oct 2022 | £1,117,268 | £1,121,000 | 5A CARLTON ROAD |
This house has a floor area of 153 sq meters or 1,646 sq feet when measured on 23 Jun 2020. Using an estimated price of £986,841 means this house is valued at £6,449 per sq meter (£599 per sq foot).
The average size of a house on LEMON GROVE is 179 sq meters (1,926 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Under investigation | On or near Carlton Road |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Carlton Road |
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carlton Road |
Jun 2024 | Criminal damage and arson | Action to be taken by another organisation | On or near Carlton Road |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Carlton Road |