£397,433
This estimated value is based upon the latest sale price for the house of £390,000 on 19 Apr 2023. 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 |
|---|---|
| £390,000 | 19 Apr 2023 |
| £220,000 | 11 Nov 2013 |
| Terraced |
| 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 2023 the House Price Index for SURREY was 146.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 1.906%.Applying this 1.906% change to the original purchase price of £390,000 results in an estimated price of approximately £397,433.
| 19 Apr 2023 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.9 | 149.7 | 1.906 % | £390,000 | £7,433 | £397,433 |
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 | -16.305 % | £-63,588 | £326,411 |
| 3 Month Average | 2.306 % | £8,993 | £398,993 |
| 6 Month Average | 4.859 % | £18,951 | £408,951 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £330,071 | £325,000 | 11 BLETCHINGLEY CLOSE |
| 24 Aug 2023 | £636,480 | £625,000 | 39 ALBURY ROAD |
| 23 Aug 2023 | £458,265 | £450,000 | 10 ALBURY ROAD |
| 4 Aug 2023 | £432,806 | £425,000 | 55 ALBURY ROAD |
| 19 Apr 2023 | £397,434 | £390,000 | 6 BLETCHINGLEY CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Other theft | Unable to prosecute suspect | On or near Bletchingley Close |
| Oct 2024 | Public order | Under investigation | On or near Bletchingley Close |
| Aug 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Bletchingley Close |
| Oct 2024 | Shoplifting | Under investigation | On or near Supermarket |
| Oct 2024 | Shoplifting | Under investigation | On or near Supermarket |