£743,636
This estimated value is based upon the latest sale price for the house of £610,000 on 11 Sep 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 |
|---|---|
| £610,000 | 11 Sep 2018 |
| Detached |
| Freehold |
| Floor Area: 101 sq meters or 1,087 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 September 2018 the House Price Index for SURREY was 120.3.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 21.908%.Applying this 21.908% change to the original purchase price of £610,000 results in an estimated price of approximately £743,636.
| 11 Sep 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 146.7 | 21.908 % | £610,000 | £133,636 | £743,636 |
The Postcode Pricing Model uses changes in average sales price within the RH2 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 | 32.541 % | £198,500 | £808,500 |
| 3 Month Average | -29.304 % | £-178,752 | £431,247 |
| 6 Month Average | -8.854 % | £-54,010 | £555,989 |
This house has a floor area of 101 sq meters or 1,087 sq feet when measured on 3 Apr 2018.
The average size of a house on LORIAN DRIVE is 166 sq meters (1,786 sq feet).
This house is the smallest in the street with a floor area of 101 sq meters (1,087 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Public order | Under investigation | On or near Lorian Drive |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Doods Road |
| Mar 2024 | Vehicle crime | Under investigation | On or near Croydon Road |
| Feb 2024 | Violence and sexual offences | Under investigation | On or near Croydon Road |
| Mar 2024 | Drugs | Under investigation | On or near Wray Common Road |