£465,275
This estimated value is based upon the latest sale price for the house of £250,000 on 19 Apr 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 |
|---|---|
| £250,000 | 19 Apr 2005 |
| Detached |
| Freehold |
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 April 2005 the House Price Index for SURREY was 79.8.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 86.110%.Applying this 86.110% change to the original purchase price of £250,000 results in an estimated price of approximately £465,275.
| 19 Apr 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 148.6 | 86.110 % | £250,000 | £215,275 | £465,275 |
The Postcode Pricing Model uses changes in average sales price within the RH6 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 | 182.378 % | £455,945 | £705,945 |
| 3 Month Average | 108.026 % | £270,065 | £520,065 |
| 6 Month Average | 74.228 % | £185,569 | £435,569 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £629,317 | £620,000 | 20 CASTLE DRIVE |
| 4 Aug 2023 | £726,354 | £720,000 | 32 BALCOMBE GARDENS |
| 4 Aug 2023 | £537,704 | £533,000 | 27 BALCOMBE GARDENS |
| 12 May 2022 | £800,075 | £785,000 | 58 SILVERLEA GARDENS |
| 29 Apr 2022 | £517,989 | £503,000 | 38 AVENUE GARDENS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Under investigation | On or near Avenue Gardens |
| Mar 2024 | Vehicle crime | Under investigation | On or near Avenue Gardens |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Avenue Gardens |
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Castle Drive |
| Feb 2024 | Public order | Unable to prosecute suspect | On or near Castle Drive |