£330,990
This estimated value is based upon the latest sale price for the house of £335,000 on 11 Nov 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 |
|---|---|
| £335,000 | 11 Nov 2022 |
| £232,995 | 15 Aug 2014 |
| Detached |
| Freehold |
| Floor Area: 63 sq meters or 678 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 November 2022 the House Price Index for SURREY was 150.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of -1.197%.Applying this -1.197% change to the original purchase price of £335,000 results in an estimated price of approximately £330,990.
| 11 Nov 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 150.4 | 148.6 | -1.197 % | £335,000 | £-4,009 | £330,990 |
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 | -5.484 % | £-18,369 | £316,630 |
| 3 Month Average | 28.069 % | £94,032 | £429,032 |
| 6 Month Average | 0.408 % | £1,366 | £336,366 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £407,713 | £402,500 | 126 BROOKFIELD DRIVE |
| 15 Sep 2023 | £374,792 | £370,000 | 17 BLACKSMITH ROAD |
| 8 Sep 2023 | £417,336 | £412,000 | 146 BROOKFIELD DRIVE |
| 21 Jul 2023 | £413,566 | £408,000 | 155 BROOKFIELD DRIVE |
| 14 Mar 2023 | £837,894 | £830,000 | 6 WYSEMEAD |
This house has a floor area of 63 sq meters or 678 sq feet when measured on 14 Jul 2014. Using an estimated price of £330,991 means this house is valued at £5,253 per sq meter (£488 per sq foot).
The average size of a house on RAILFIELD GARDENS is 132 sq meters (1,421 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Langshott |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Langshott |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Langshott |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Railfield Gardens |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blacksmith Road |