£471,854
This estimated value is based upon the latest sale price for the house of £385,000 on 23 Aug 2019. 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 |
|---|---|
| £385,000 | 23 Aug 2019 |
| £270,000 | 29 Oct 2013 |
| Semi-Detached |
| Freehold |
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 August 2019 the House Price Index for SURREY was 120.8.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.560%.Applying this 22.560% change to the original purchase price of £385,000 results in an estimated price of approximately £471,854.
| 23 Aug 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.8 | 148.0 | 22.560 % | £385,000 | £86,854 | £471,854 |
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 | -2.306 % | £-8,877 | £376,122 |
| 3 Month Average | 27.321 % | £105,184 | £490,184 |
| 6 Month Average | 3.017 % | £11,616 | £396,616 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Mar 2024 | £401,356 | £400,000 | 14 PARKWAY |
| 15 Dec 2023 | £575,895 | £565,000 | 58 HEVERS AVENUE |
| 21 Jul 2023 | £279,645 | £277,000 | 35 VICTORIA CLOSE |
| 24 Jan 2023 | £512,498 | £517,000 | 17 PARKWAY |
| 25 Jul 2022 | £209,717 | £210,000 | 31 VICTORIA CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Public order | Unable to prosecute suspect | On or near Park View |
| Apr 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Other crime | Unable to prosecute suspect | On or near Parking Area |
| Feb 2024 | Anti-social behaviour | On or near Parking Area | |
| Feb 2024 | Anti-social behaviour | On or near Parking Area |