£531,239
This estimated value is based upon the latest sale price for the house of £431,500 on 21 May 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 |
|---|---|
| £431,500 | 21 May 2019 |
| £399,950 | 19 Jun 2015 |
| £283,000 | 10 Mar 2008 |
| £238,290 | 25 Nov 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 142 sq meters or 1,528 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 May 2019 the House Price Index for SURREY was 120.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.115%.Applying this 23.115% change to the original purchase price of £431,500 results in an estimated price of approximately £531,239.
| 21 May 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.2 | 148.0 | 23.115 % | £431,500 | £99,739 | £531,239 |
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 | 1.401 % | £6,045 | £437,545 |
| 3 Month Average | 34.932 % | £150,730 | £582,230 |
| 6 Month Average | 11.952 % | £51,574 | £483,074 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £575,895 | £565,000 | 58 HEVERS AVENUE |
| 9 Nov 2023 | £489,281 | £483,000 | 57 HEVERS AVENUE |
| 3 Feb 2023 | £457,835 | £460,000 | 22 CHEQUERS DRIVE |
| 25 Apr 2022 | £447,179 | £436,000 | 70 HEVERS AVENUE |
| 21 Feb 2022 | £741,567 | £710,000 | 95 HEVERS AVENUE |
This house has a floor area of 142 sq meters or 1,528 sq feet when measured on 23 Feb 2015. Using an estimated price of £531,240 means this house is valued at £3,741 per sq meter (£347 per sq foot).
The average size of a house on SOUTHLANDS AVENUE is 98 sq meters (1,056 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Shoplifting | Awaiting court outcome | On or near Southlands Avenue |
| Feb 2024 | Shoplifting | Investigation complete; no suspect identified | On or near Southlands Avenue |
| Feb 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Southlands Avenue |
| Feb 2024 | Other theft | Unable to prosecute suspect | On or near Southlands Avenue |
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Hevers Avenue |