£522,182
This estimated value is based upon the latest sale price for the house of £383,750 on 4 Mar 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 |
---|---|
£383,750 | 4 Mar 2016 |
£220,000 | 30 May 2007 |
£231,000 | 12 Apr 2007 |
£150,000 | 24 May 2002 |
Semi-Detached |
Freehold |
Floor Area: 109 sq meters or 1,173 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 March 2016 the House Price Index for SURREY was 110.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 36.074%.Applying this 36.074% change to the original purchase price of £383,750 results in an estimated price of approximately £522,182.
4 Mar 2016 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
110.0 | 149.7 | 36.074 % | £383,750 | £138,432 | £522,182 |
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 | 2.644 % | £10,145 | £393,895 |
3 Month Average | 28.591 % | £109,718 | £493,468 |
6 Month Average | 30.181 % | £115,817 | £499,567 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
6 Apr 2023 | £361,767 | £355,000 | 49 DENTON CLOSE |
6 Feb 2023 | £420,811 | £418,000 | 27 EDGEFIELD CLOSE |
20 Jan 2023 | £417,115 | £416,000 | 12 RATHGAR CLOSE |
26 May 2022 | £246,420 | £240,000 | 5 DENTON CLOSE |
25 Feb 2022 | £401,454 | £380,000 | 31 EDGEFIELD CLOSE |
This house has a floor area of 109 sq meters or 1,173 sq feet when measured on 21 Jan 2015. Using an estimated price of £522,183 means this house is valued at £4,790 per sq meter (£445 per sq foot).
There is one other house on the street which we know the size of, this is 4 WHITE BUSHES it is 95.0
Date | Crime | Outcome | Where |
---|---|---|---|
Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Denton Close |
Jul 2024 | Anti-social behaviour | On or near Denton Close | |
Jun 2024 | Violence and sexual offences | Under investigation | On or near Denton Close |
Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Denton Close |
Apr 2024 | Anti-social behaviour | On or near Denton Close |