£397,757
This estimated value is based upon the latest sale price for the house of £347,500 on 22 Jul 2021. 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 |
|---|---|
| £347,500 | 22 Jul 2021 |
| 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 July 2021 the House Price Index for SURREY was 129.3.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 14.462%.Applying this 14.462% change to the original purchase price of £347,500 results in an estimated price of approximately £397,757.
| 22 Jul 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 129.3 | 148.0 | 14.462 % | £347,500 | £50,257 | £397,757 |
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 | 50.379 % | £175,068 | £522,568 |
| 3 Month Average | 39.624 % | £137,695 | £485,195 |
| 6 Month Average | 17.880 % | £62,133 | £409,633 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 Aug 2023 | £334,736 | £332,700 | 2 FIELDVIEW |
| 31 Jul 2023 | £373,533 | £370,000 | 96 TANYARD WAY |
| 3 Apr 2023 | £419,619 | £416,500 | 94 TANYARD WAY |
| 10 Mar 2023 | £419,769 | £417,500 | 64 TANYARD WAY |
| 27 Jun 2022 | £320,751 | £317,500 | 12 HOMEFIELD CLOSE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Homefield Close |
| Mar 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Heronswood Court |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Whitecroft |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Whitecroft |