£462,462
This estimated value is based upon the latest sale price for the house of £125,000 on 1 Aug 2000. This value is then adjusted by the current Official House Price Index for SURREY 1
Get our free house price tracker.
2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
| Price Paid | Date |
|---|---|
| £125,000 | 1 Aug 2000 |
| £85,500 | 16 May 1998 |
| Semi-Detached |
| Freehold |
| Floor Area: 67 sq meters or 721 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 August 2000 the House Price Index for SURREY was 40.2.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 269.970%.Applying this 269.970% change to the original purchase price of £125,000 results in an estimated price of approximately £462,462.
| 1 Aug 2000 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 40.2 | 148.6 | 269.970 % | £125,000 | £337,462 | £462,462 |
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 | 310.868 % | £388,584 | £513,584 |
| 3 Month Average | 217.391 % | £271,738 | £396,738 |
| 6 Month Average | 182.770 % | £228,462 | £353,462 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 3 Jul 2023 | £217,933 | £215,000 | FLAT 4 BEULAH COURT, 15 - 19 ALBERT ROAD |
| 27 Jan 2023 | £477,750 | £480,000 | 37 LUMLEY ROAD |
| 6 Jan 2023 | £398,125 | £400,000 | 27 ALBERT ROAD |
| 16 Jun 2022 | £481,809 | £475,000 | 77 LUMLEY ROAD |
| 7 Jan 2022 | £436,749 | £415,000 | 62 ALBERT ROAD |
This house has a floor area of 67 sq meters or 721 sq feet when measured on 22 Jul 2020. Using an estimated price of £462,463 means this house is valued at £6,902 per sq meter (£641 per sq foot).
The average size of a house on ALBERT ROAD is 76 sq meters (825 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Jan 2024 | Anti-social behaviour | On or near Parking Area | |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Consort Way |
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Consort Way |