£1,505,799
This estimated value is based upon the latest sale price for the house of £1,080,000 on 7 Dec 2015. 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 |
|---|---|
| £1,080,000 | 7 Dec 2015 |
| £745,000 | 31 Jul 2007 |
| £399,500 | 30 Nov 1999 |
| 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 2015 the House Price Index for SURREY was 107.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 39.426%.Applying this 39.426% change to the original purchase price of £1,080,000 results in an estimated price of approximately £1,505,799.
| 7 Dec 2015 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 107.4 | 149.7 | 39.426 % | £1,080,000 | £425,799 | £1,505,799 |
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 | 16.903 % | £182,557 | £1,262,557 |
| 3 Month Average | 4.257 % | £45,979 | £1,125,979 |
| 6 Month Average | 16.869 % | £182,183 | £1,262,183 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 May 2024 | £2,087,500 | £2,087,500 | SILKWAYS, 19 HIGH TREES ROAD |
| 4 Dec 2023 | £1,630,089 | £1,580,000 | 8 BLANFORD ROAD |
| 5 Sep 2023 | £531,721 | £520,000 | FLAT 8 PEATSWOOD, 2 BLANFORD ROAD |
| 28 Apr 2023 | £2,639,367 | £2,590,000 | 7 BLANFORD ROAD |
| 27 Jul 2022 | £3,535,425 | £3,500,000 | 12 HIGH TREES ROAD |
This house has a floor area of 198 sq meters or 2,131 sq feet when measured on 10 Sep 2015. Using an estimated price of £1,505,799 means this house is valued at £7,605 per sq meter (£706 per sq foot).
The average size of a house on WATERLOW ROAD is 189 sq meters (2,043 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near High Trees Road |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near High Trees Road |
| Sep 2024 | Anti-social behaviour | On or near Crakell Road | |
| Sep 2024 | Anti-social behaviour | On or near Crakell Road | |
| Sep 2024 | Anti-social behaviour | On or near Crakell Road |