£799,115
This estimated value is based upon the latest sale price for the house of £499,950 on 11 Jun 2007. 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 |
|---|---|
| £499,950 | 11 Jun 2007 |
| £440,000 | 29 Apr 2005 |
| Terraced |
| Freehold |
| Floor Area: 131 sq meters or 1,410 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 2007 the House Price Index for SURREY was 93.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 59.839%.Applying this 59.839% change to the original purchase price of £499,950 results in an estimated price of approximately £799,115.
| 11 Jun 2007 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 93.7 | 149.7 | 59.839 % | £499,950 | £299,165 | £799,115 |
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 | 107.243 % | £536,159 | £1,036,109 |
| 3 Month Average | 76.127 % | £380,594 | £880,544 |
| 6 Month Average | 78.115 % | £390,537 | £890,487 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 23 Feb 2023 | £105,706 | £105,000 | 35 HATCHLANDS ROAD |
| 14 Mar 2022 | £26,558 | £25,440 | ABBEY CITROEN HATCHLANDS ROAD |
| 31 Jan 2022 | £328,661 | £310,000 | FLAT 1 EAST COURT, 9A DORAN DRIVE |
| 22 Dec 2021 | £717,740 | £665,000 | 7 BROWNLOW ROAD |
| 5 Nov 2021 | £452,151 | £415,000 | FLAT 4 ABBEY COURT, 59 HATCHLANDS ROAD |
This house has a floor area of 131 sq meters or 1,410 sq feet when measured on 6 Feb 2013. Using an estimated price of £799,115 means this house is valued at £6,100 per sq meter (£566 per sq foot).
The average size of a house on CABERFEIGH CLOSE is 114 sq meters (1,231 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Hatchlands Road |
| Nov 2024 | Public order | Under investigation | On or near Brownlow Road |
| Nov 2024 | Burglary | Under investigation | On or near Ranelagh Road |
| Nov 2024 | Criminal damage and arson | Under investigation | On or near Ranelagh Road |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near Ranelagh Road |