£437,820
This estimated value is based upon the latest sale price for the house of £78,000 on 27 Feb 1996. 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 |
---|---|
£78,000 | 27 Feb 1996 |
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 February 1996 the House Price Index for SURREY was 26.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 461.308%.Applying this 461.308% change to the original purchase price of £78,000 results in an estimated price of approximately £437,820.
27 Feb 1996 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
26.4 | 148.0 | 461.308 % | £78,000 | £359,820 | £437,820 |
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 | 447.222 % | £348,833 | £426,833 |
3 Month Average | 509.365 % | £397,304 | £475,304 |
6 Month Average | 435.579 % | £339,751 | £417,751 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
1 Dec 2023 | £415,358 | £407,500 | 28 MIDDLEFIELD |
3 Mar 2023 | £361,957 | £360,000 | 3 BROADMEAD |
30 Jan 2023 | £319,196 | £322,000 | 29 MIDDLEFIELD |
4 Mar 2022 | £342,650 | £332,000 | 10 BROADMEAD |
12 Mar 2021 | £598,652 | £540,000 | 46 WHEATFIELD WAY |
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Meridian Grove |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oakside Court |
Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Oakside Court |
Mar 2024 | Other theft | Unable to prosecute suspect | On or near Ewelands |
Mar 2024 | Other theft | Unable to prosecute suspect | On or near Ewelands |