£732,978
This estimated value is based upon the latest sale price for the house of £387,000 on 25 Jan 2005. 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 |
|---|---|
| £387,000 | 25 Jan 2005 |
| Semi-Detached |
| Freehold |
| Floor Area: 32 sq meters or 344 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 January 2005 the House Price Index for SURREY was 79.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 89.400%.Applying this 89.400% change to the original purchase price of £387,000 results in an estimated price of approximately £732,978.
| 25 Jan 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.0 | 149.7 | 89.400 % | £387,000 | £345,978 | £732,978 |
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 | 57.853 % | £223,889 | £610,889 |
| 3 Month Average | 109.718 % | £424,609 | £811,609 |
| 6 Month Average | 93.497 % | £361,832 | £748,832 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Aug 2023 | £224,041 | £220,000 | FLAT 10 GABLE COURT ST ANNES MOUNT |
| 3 Mar 2023 | £325,435 | £320,000 | FLAT 2 HOLMESDALE MANOR, 89 LADBROKE ROAD |
| 23 Feb 2023 | £322,152 | £320,000 | FLAT 13 HOLMESDALE MANOR, 89 LADBROKE ROAD |
| 24 Oct 2022 | £398,668 | £400,000 | 40 LADBROKE ROAD |
| 16 Sep 2022 | £221,852 | £222,000 | 24 PARKLANDS LYNWOOD ROAD |
This house has a floor area of 32 sq meters or 344 sq feet when measured on 26 May 2012. Using an estimated price of £732,979 means this house is valued at £22,905 per sq meter (£2,128 per sq foot).
The average size of a house on LADBROKE ROAD is 72 sq meters (781 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Princess Way | |
| Jun 2024 | Possession of weapons | Under investigation | On or near Princess Way |
| Jun 2024 | Anti-social behaviour | On or near Princess Way | |
| Jun 2024 | Anti-social behaviour | On or near Princess Way | |
| May 2024 | Public order | Investigation complete; no suspect identified | On or near Princess Way |