£1,185,312
This estimated value is based upon the latest sale price for the house of £970,127 on 5 Dec 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 |
|---|---|
| £970,127 | 5 Dec 2019 |
| Semi-Detached |
| Freehold |
| Floor Area: 239 sq meters or 2,572 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 December 2019 the House Price Index for SURREY was 121.1.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 22.181%.Applying this 22.181% change to the original purchase price of £970,127 results in an estimated price of approximately £1,185,312.
| 5 Dec 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 121.1 | 148.0 | 22.181 % | £970,127 | £215,185 | £1,185,312 |
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 | 26.669 % | £258,721 | £1,228,848 |
| 3 Month Average | -15.141 % | £-146,885 | £823,241 |
| 6 Month Average | -11.392 % | £-110,516 | £859,610 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £463,774 | £455,000 | FLAT 6 WARREN COURT 38-40 WARREN ROAD |
| 21 Jul 2023 | £797,544 | £790,000 | 97 HOLMESDALE ROAD |
| 5 Jun 2023 | £504,087 | £500,000 | 93 HOLMESDALE ROAD |
| 30 Oct 2022 | £650,333 | £660,000 | 30 WARREN ROAD |
| 7 Mar 2022 | £428,312 | £415,000 | 68 HOLMESDALE ROAD |
This house has a floor area of 239 sq meters or 2,572 sq feet when measured on 12 Dec 2018. Using an estimated price of £1,185,312 means this house is valued at £4,959 per sq meter (£460 per sq foot).
The average size of a house on WARREN ROAD is 110 sq meters (1,193 sq feet).
This house is the largest in the street with a floor area of 239 sq meters (2,572 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Under investigation | On or near Mark Street |
| Feb 2024 | Other theft | Investigation complete; no suspect identified | On or near Warren Road |
| Feb 2024 | Bicycle theft | Investigation complete; no suspect identified | On or near Oak Road |
| Jan 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Oak Road |
| Apr 2024 | Criminal damage and arson | Under investigation | On or near Holmesdale Road |