£557,121
This estimated value is based upon the latest sale price for the house of £541,000 on 29 Apr 2022. This value is then adjusted by the current Official House Price Index for SURREY 1
Get our free house price tracker.
2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
| Price Paid | Date |
|---|---|
| £541,000 | 29 Apr 2022 |
| £447,500 | 1 Nov 2019 |
| £191,000 | 31 Aug 2000 |
| Flats/Maisonettes |
| 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 2022 the House Price Index for SURREY was 144.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 2.980%.Applying this 2.980% change to the original purchase price of £541,000 results in an estimated price of approximately £557,121.
| 29 Apr 2022 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 144.3 | 148.6 | 2.980 % | £541,000 | £16,121 | £557,121 |
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 | 29.563 % | £159,935 | £700,935 |
| 3 Month Average | 11.809 % | £63,885 | £604,885 |
| 6 Month Average | -5.230 % | £-28,296 | £512,703 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Feb 2023 | £619,583 | £620,000 | 13 FIELD WALK |
| 12 Aug 2022 | £438,819 | £440,000 | 10 FIELD WALK |
| 18 May 2022 | £524,890 | £515,000 | 31 GORSE DRIVE |
| 29 Apr 2022 | £557,121 | £541,000 | 6 FIELD WALK |
| 1 Feb 2022 | £361,800 | £345,000 | 11 THISTLE WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Awaiting court outcome | On or near Gorse Drive |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Gorse Drive |
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Clover Way |
| Mar 2024 | Drugs | Unable to prosecute suspect | On or near Churchill Road |
| Mar 2024 | Criminal damage and arson | Under investigation | On or near Churchill Road |