£2,018,153
This estimated value is based upon the latest sale price for the house of £1,500,000 on 30 Jun 2016. 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 |
|---|---|
| £1,500,000 | 30 Jun 2016 |
| £715,000 | 10 Jun 2004 |
| £328,000 | 30 Apr 1998 |
| Detached |
| Freehold |
| Floor Area: 300 sq meters or 3,229 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 June 2016 the House Price Index for SURREY was 111.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 34.544%.Applying this 34.544% change to the original purchase price of £1,500,000 results in an estimated price of approximately £2,018,153.
| 30 Jun 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 111.3 | 149.7 | 34.544 % | £1,500,000 | £518,153 | £2,018,153 |
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 | 1.785 % | £26,779 | £1,526,779 |
| 3 Month Average | 6.372 % | £95,581 | £1,595,581 |
| 6 Month Average | 17.473 % | £262,094 | £1,762,094 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 1 Sep 2023 | £291,424 | £285,000 | FLAT 6 SHERE COURT, 129 BLACKBOROUGH ROAD |
| 20 Jun 2023 | £1,275,562 | £1,250,000 | 2 BLANFORD MEWS |
| 27 Jan 2023 | £328,879 | £328,000 | FLAT 4 ROQUEBOURNE, 139 BLACKBOROUGH ROAD |
| 5 Jul 2022 | £1,560,638 | £1,545,000 | 17 RINGLEY PARK AVENUE |
| 12 Apr 2022 | £1,011,486 | £975,000 | 8 SUSSEX CLOSE |
This house has a floor area of 300 sq meters or 3,229 sq feet when measured on 22 Feb 2016. Using an estimated price of £2,018,154 means this house is valued at £6,727 per sq meter (£624 per sq foot).
The average size of a house on THE CHASE is 232 sq meters (2,498 sq feet).
This house is the largest in the street with a floor area of 300 sq meters (3,229 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Public order | Unable to prosecute suspect | On or near The Chase |
| Jul 2024 | Violence and sexual offences | Under investigation | On or near Ringley Park Avenue |
| May 2024 | Vehicle crime | Unable to prosecute suspect | On or near Fitzroy Place |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Oak Way |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Beech Drive |