£366,763
This estimated value is based upon the latest sale price for the house of £265,000 on 18 Dec 2015. 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 |
|---|---|
| £265,000 | 18 Dec 2015 |
| 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 2015 the House Price Index for SURREY was 107.4.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 38.401%.Applying this 38.401% change to the original purchase price of £265,000 results in an estimated price of approximately £366,763.
| 18 Dec 2015 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 148.6 | 38.401 % | £265,000 | £101,763 | £366,763 |
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 | 76.948 % | £203,911 | £468,911 |
| 3 Month Average | 25.058 % | £66,404 | £331,404 |
| 6 Month Average | 7.856 % | £20,818 | £285,818 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Feb 2023 | £619,583 | £620,000 | 13 FIELD WALK |
| 4 Aug 2022 | £518,604 | £520,000 | 4 ORCHARD ROAD |
| 23 Jun 2022 | £347,917 | £343,000 | 1 MEAD PLACE |
| 18 May 2022 | £524,890 | £515,000 | 31 GORSE DRIVE |
| 1 Feb 2022 | £361,800 | £345,000 | 11 THISTLE WAY |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Clover Way |
| Jan 2024 | Drugs | Unable to prosecute suspect | On or near Heather Walk |
| Jan 2024 | Anti-social behaviour | On or near Heather Walk | |
| Jan 2024 | Violence and sexual offences | Under investigation | On or near Heather Walk |
| Jan 2024 | Anti-social behaviour | On or near Heather Walk |