£463,369
This estimated value is based upon the latest sale price for the house of £85,000 on 5 Sep 1996. 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 |
|---|---|
| £85,000 | 5 Sep 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 104 sq meters or 1,120 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 1996 the House Price Index for SURREY was 26.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 445.141%.Applying this 445.141% change to the original purchase price of £85,000 results in an estimated price of approximately £463,369.
| 5 Sep 1996 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 26.9 | 146.7 | 445.141 % | £85,000 | £378,369 | £463,369 |
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 | 529.216 % | £449,833 | £534,833 |
| 3 Month Average | 287.052 % | £243,994 | £328,994 |
| 6 Month Average | 396.643 % | £337,146 | £422,146 |
This house has a floor area of 104 sq meters or 1,120 sq feet when measured on 30 Jan 2009.
The average size of a house on MEADOW WAY is 67 sq meters (724 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Feb 2024 | Anti-social behaviour | On or near Meadow Way | |
| Feb 2024 | Anti-social behaviour | On or near Meadow Way | |
| Jan 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Meadow Way |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Meadow Way |
| Mar 2024 | Anti-social behaviour | On or near Orchard Way |