£553,679
This estimated value is based upon the latest sale price for the house of £450,000 on 13 Mar 2019. 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 |
|---|---|
| £450,000 | 13 Mar 2019 |
| £160,000 | 23 Jun 2000 |
| Semi-Detached |
| Freehold |
| Floor Area: 164 sq meters or 1,765 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 March 2019 the House Price Index for SURREY was 120.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 23.040%.Applying this 23.040% change to the original purchase price of £450,000 results in an estimated price of approximately £553,679.
| 13 Mar 2019 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.0 | 23.040 % | £450,000 | £103,679 | £553,679 |
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 | 11.413 % | £51,359 | £501,359 |
| 3 Month Average | 46.569 % | £209,559 | £659,559 |
| 6 Month Average | 7.697 % | £34,635 | £484,635 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 19 Dec 2023 | £825,620 | £810,000 | LOWER BAYHORNE WARLTERSVILLE WAY |
| 31 Jul 2023 | £272,578 | £270,000 | 23 MEADOWCROFT CLOSE |
| 30 Jun 2023 | £483,924 | £480,000 | 173 BALCOMBE ROAD |
| 31 Mar 2023 | £412,228 | £410,000 | 163 BALCOMBE ROAD |
| 27 Mar 2023 | £338,832 | £337,000 | FLAT 5 OATLANDS WARLTERSVILLE WAY |
This house has a floor area of 164 sq meters or 1,765 sq feet when measured on 21 Nov 2015. Using an estimated price of £553,680 means this house is valued at £3,376 per sq meter (£313 per sq foot).
The average size of a house on THE CORONET is 128 sq meters (1,381 sq feet).
This house is the largest in the street with a floor area of 164 sq meters (1,765 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Bayhorne Lane | |
| Jan 2024 | Anti-social behaviour | On or near Bayhorne Lane | |
| Jan 2024 | Anti-social behaviour | On or near Bayhorne Lane | |
| Jan 2024 | Anti-social behaviour | On or near Bayhorne Lane | |
| Apr 2024 | Public order | Under investigation | On or near Meadowcroft Close |