£463,903
This estimated value is based upon the latest sale price for the house of £430,500 on 21 Sep 2021. 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 |
|---|---|
| £430,500 | 21 Sep 2021 |
| £249,995 | 27 Nov 2009 |
| £139,000 | 17 Mar 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 93 sq meters or 1,001 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 September 2021 the House Price Index for SURREY was 137.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 7.759%.Applying this 7.759% change to the original purchase price of £430,500 results in an estimated price of approximately £463,903.
| 21 Sep 2021 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.9 | 148.6 | 7.759 % | £430,500 | £33,403 | £463,903 |
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 | 14.300 % | £61,561 | £492,061 |
| 3 Month Average | 6.893 % | £29,675 | £460,175 |
| 6 Month Average | -9.079 % | £-39,086 | £391,413 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 8 Dec 2023 | £328,752 | £323,000 | 14 BARLEYMEAD |
| 13 Nov 2023 | £497,363 | £490,000 | 4 BROCKHAM KEEP |
| 26 Jul 2023 | £334,502 | £330,000 | WOODSTOCK, 3 OATLANDS |
| 17 Oct 2022 | £96,956 | £98,000 | 9 WHITECROFT |
| 2 Sep 2022 | £138,879 | £140,000 | 6 WHITECROFT |
This house has a floor area of 93 sq meters or 1,001 sq feet when measured on 14 Jun 2021. Using an estimated price of £463,904 means this house is valued at £4,988 per sq meter (£463 per sq foot).
There is one other house on the street which we know the size of, this is 5 MEADOWSIDE it is 69.0
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Brookwood |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Albury Keep |
| Dec 2023 | Possession of weapons | Under investigation | On or near Albury Keep |
| Dec 2023 | Violence and sexual offences | Unable to prosecute suspect | On or near Albury Keep |
| Dec 2023 | Possession of weapons | Local resolution | On or near Albury Keep |