£367,863
This estimated value is based upon the latest sale price for the house of £360,000 on 29 Jun 2022. 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 |
|---|---|
| £360,000 | 29 Jun 2022 |
| £231,000 | 25 Jun 2012 |
| £79,950 | 4 Apr 1997 |
| Terraced |
| Freehold |
| Floor Area: 69 sq meters or 744 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 June 2022 the House Price Index for SURREY was 146.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 2.184%.Applying this 2.184% change to the original purchase price of £360,000 results in an estimated price of approximately £367,863.
| 29 Jun 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 146.5 | 149.7 | 2.184 % | £360,000 | £7,863 | £367,863 |
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 | -2.721 % | £-9,795 | £350,204 |
| 3 Month Average | -13.840 % | £-49,825 | £310,174 |
| 6 Month Average | -4.233 % | £-15,238 | £344,761 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 May 2024 | £220,000 | £220,000 | 19 WHITECROFT |
| 10 Nov 2023 | £415,548 | £405,000 | 12 FIRLANDS |
| 30 Oct 2023 | £225,113 | £220,000 | 47 WHITECROFT |
| 31 Aug 2023 | £338,811 | £332,700 | 2 FIELDVIEW |
| 24 Feb 2023 | £453,026 | £450,000 | 12 GATWICK METRO CENTRE |
This house has a floor area of 69 sq meters or 744 sq feet when measured on 16 Dec 2011. Using an estimated price of £367,863 means this house is valued at £5,322 per sq meter (£494 per sq foot).
The average size of a house on FIRLANDS is 76 sq meters (822 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| May 2024 | Violence and sexual offences | Under investigation | On or near Brackenside |
| May 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brookwood |
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Cloverfields |
| Jun 2024 | Anti-social behaviour | On or near Cloverfields | |
| Jun 2024 | Anti-social behaviour | On or near Cloverfields |