£230,129
This estimated value is based upon the latest sale price for the house of £185,000 on 18 Jun 2018. 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 |
|---|---|
| £185,000 | 18 Jun 2018 |
| £152,000 | 30 Mar 2016 |
| £122,000 | 17 Aug 2009 |
| £57,500 | 29 Aug 1995 |
| Flats/Maisonettes |
| Leasehold |
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 2018 the House Price Index for SURREY was 119.5.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 24.394%.Applying this 24.394% change to the original purchase price of £185,000 results in an estimated price of approximately £230,129.
| 18 Jun 2018 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 119.5 | 148.6 | 24.394 % | £185,000 | £45,129 | £230,129 |
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 | 49.116 % | £90,864 | £275,864 |
| 3 Month Average | 9.377 % | £17,346 | £202,346 |
| 6 Month Average | -0.959 % | £-1,774 | £183,225 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 29 Sep 2023 | £445,699 | £440,000 | 2 QUEENS COURT QUEENS ROAD |
| 28 Jul 2023 | £192,592 | £190,000 | 9 MAGNOLIA COURT |
| 24 Mar 2023 | £272,568 | £270,000 | 34 REGENTS MEWS |
| 14 Feb 2023 | £94,936 | £95,000 | 36 MAGNOLIA COURT |
| 1 Nov 2022 | £181,798 | £184,000 | 31 MAGNOLIA COURT |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Elizabeth Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Regents Mews |
| Dec 2023 | Possession of weapons | Unable to prosecute suspect | On or near Regents Mews |
| Dec 2023 | Burglary | Investigation complete; no suspect identified | On or near Regents Mews |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Queens Road |