£1,251,073
This estimated value is based upon the latest sale price for the house of £950,000 on 15 Dec 2017. 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 |
---|---|
£950,000 | 15 Dec 2017 |
£495,000 | 3 May 2001 |
£308,000 | 28 Aug 1998 |
Detached |
Freehold |
Floor Area: 198 sq meters or 2,131 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 December 2017 the House Price Index for SURREY was 79.2.
The House Price Index as of 1 Mar 2025 is 104.3 which is a change of 31.692%.Applying this 31.692% change to the original purchase price of £950,000 results in an estimated price of approximately £1,251,073.
15 Dec 2017 | 1 Mar 2025 | % change | Purchase Price | Gain / Loss | Estimated Price |
79.2 | 104.3 | 31.692 % | £950,000 | £301,073 | £1,251,073 |
The Postcode Pricing Model uses changes in average sales price within the RH1 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 | 5.206 % | £49,456 | £999,456 |
3 Month Average | 2.246 % | £21,333 | £971,333 |
6 Month Average | 12.235 % | £116,234 | £1,066,234 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
21 Feb 2025 | £431,621 | £425,000 | 30 CLARENCE WALK |
2 Aug 2024 | £1,102,870 | £1,050,000 | 8 THE FAIRWAYS |
25 May 2023 | £529,980 | £500,000 | 10 MOUNT RISE |
31 Mar 2023 | £338,156 | £320,000 | 30 SOMERSET ROAD |
24 Mar 2023 | £290,603 | £275,000 | 9 ROSEMEAD CLOSE |
This house has a floor area of 198 sq meters or 2,131 sq feet when measured on 21 Apr 2017. Using an estimated price of £1,251,073 means this house is valued at £6,318 per sq meter (£587 per sq foot).
The average size of a house on THE FAIRWAYS is 221 sq meters (2,389 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
Mar 2025 | Drugs | Unable to prosecute suspect | On or near The Fairways |
Jan 2025 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Clarence Walk |
Mar 2025 | Anti-social behaviour | On or near Warenne Heights | |
Feb 2025 | Violence and sexual offences | Under investigation | On or near Warenne Heights |
Jan 2025 | Burglary | Investigation complete; no suspect identified | On or near Lower Road |