£400,960
This estimated value is based upon the latest sale price for the house of £222,500 on 7 Dec 2005. 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 |
|---|---|
| £222,500 | 7 Dec 2005 |
| £65,000 | 23 Jun 1995 |
| 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 December 2005 the House Price Index for SURREY was 82.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 80.207%.Applying this 80.207% change to the original purchase price of £222,500 results in an estimated price of approximately £400,960.
| 7 Dec 2005 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 82.5 | 148.6 | 80.207 % | £222,500 | £178,460 | £400,960 |
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 | 155.823 % | £346,705 | £569,205 |
| 3 Month Average | 92.391 % | £205,568 | £428,068 |
| 6 Month Average | 70.684 % | £157,272 | £379,772 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 9 Nov 2023 | £490,258 | £483,000 | 57 HEVERS AVENUE |
| 3 Feb 2023 | £459,691 | £460,000 | 22 CHEQUERS DRIVE |
| 16 Jun 2022 | £491,952 | £485,000 | 1 YEW TREE COURT YEW TREE CLOSE |
| 24 Jan 2022 | £452,535 | £430,000 | 4 HEVERS AVENUE |
| 13 Oct 2021 | £503,448 | £455,000 | 34 HEVERS AVENUE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Horley Row |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Horley Row |
| Feb 2024 | Anti-social behaviour | On or near Horley Row | |
| Feb 2024 | Anti-social behaviour | On or near Horley Row | |
| Jan 2024 | Violence and sexual offences | Further investigation is not in the public interest | On or near Horley Row |