£275,571
This estimated value is based upon the latest sale price for the house of £62,950 on 25 Jun 1999. 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 |
|---|---|
| £62,950 | 25 Jun 1999 |
| Semi-Detached |
| Freehold |
| Floor Area: 42 sq meters or 456 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 1999 the House Price Index for SURREY was 33.9.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 337.762%.Applying this 337.762% change to the original purchase price of £62,950 results in an estimated price of approximately £275,571.
| 25 Jun 1999 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 33.9 | 148.6 | 337.762 % | £62,950 | £212,621 | £275,571 |
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 | 385.092 % | £242,415 | £305,365 |
| 3 Month Average | 295.161 % | £185,803 | £248,753 |
| 6 Month Average | 251.024 % | £158,019 | £220,969 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jul 2023 | £496,685 | £490,000 | 8 STAFFORDS PLACE |
| 24 Jul 2023 | £202,729 | £200,000 | 66 STAFFORDS PLACE |
| 18 Mar 2022 | £300,516 | £290,000 | 21 STAFFORDS PLACE |
| 10 Nov 2021 | £216,303 | £200,000 | 52 STAFFORDS PLACE |
| 5 Jun 2020 | £551,012 | £455,000 | 3 STAFFORDS PLACE |
This house has a floor area of 42 sq meters or 456 sq feet when measured on 16 Jul 2011. Using an estimated price of £275,571 means this house is valued at £6,502 per sq meter (£604 per sq foot).
The average size of a house on STAFFORDS PLACE is 61 sq meters (660 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Anti-social behaviour | On or near Staffords Place | |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Staffords Place |
| Dec 2023 | Public order | Unable to prosecute suspect | On or near Staffords Place |
| Mar 2024 | Other theft | On or near Horley (Station) | |
| Mar 2024 | Criminal damage and arson | On or near Horley (Station) |