£425,113
This estimated value is based upon the latest sale price for the house of £250,000 on 4 Feb 2013. 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 |
|---|---|
| £250,000 | 4 Feb 2013 |
| £250,000 | 2 Oct 2009 |
| Semi-Detached |
| Freehold |
| Floor Area: 86 sq meters or 928 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 February 2013 the House Price Index for SURREY was 88.0.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.045%.Applying this 70.045% change to the original purchase price of £250,000 results in an estimated price of approximately £425,113.
| 4 Feb 2013 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 88.0 | 149.7 | 70.045 % | £250,000 | £175,113 | £425,113 |
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 | 101.197 % | £252,993 | £502,993 |
| 3 Month Average | 52.448 % | £131,118 | £381,118 |
| 6 Month Average | 59.257 % | £148,142 | £398,142 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Jun 2024 | £415,000 | £415,000 | 57 BENHAMS DRIVE |
| 15 Nov 2023 | £488,911 | £476,500 | 44 BENHAMS DRIVE |
| 17 Aug 2023 | £499,000 | £490,000 | 3 BENHAMS DRIVE |
| 27 Oct 2021 | £462,587 | £415,000 | 86 BENHAMS DRIVE |
| 23 Aug 2021 | £640,608 | £570,000 | 2A BOLTERS ROAD |
This house has a floor area of 86 sq meters or 928 sq feet when measured on 27 Mar 2009. Using an estimated price of £425,113 means this house is valued at £4,928 per sq meter (£457 per sq foot).
The average size of a house on BENHAMS DRIVE is 102 sq meters (1,098 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Benhams Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Benhams Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Benhams Drive |
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Benhams Drive |
| Oct 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Benhams Drive |