£410,729
This estimated value is based upon the latest sale price for the house of £380,000 on 29 Jun 2021. This value is then adjusted by the current Official House Price Index for SURREY 1
There has been one burglary within the last year on or near Hornbeam Road
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2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
| Price Paid | Date |
|---|---|
| £380,000 | 29 Jun 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 June 2021 the House Price Index for SURREY was 138.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 8.087%.Applying this 8.087% change to the original purchase price of £380,000 results in an estimated price of approximately £410,729.
| 29 Jun 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 138.5 | 149.7 | 8.087 % | £380,000 | £30,729 | £410,729 |
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 | 21.645 % | £82,250 | £462,250 |
| 3 Month Average | 12.421 % | £47,200 | £427,200 |
| 6 Month Average | 13.178 % | £50,075 | £430,075 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 16 Mar 2023 | £450,015 | £442,500 | 10 WESTERN PARADE |
| 5 Aug 2022 | £678,171 | £675,000 | 3 SYCAMORE WALK |
| 29 Jun 2022 | £1,022 | £1,000 | 8 TREHAVEN PARADE |
| 6 May 2022 | £523,642 | £510,000 | 6 HOLLY ROAD |
| 4 Mar 2022 | £443,672 | £425,000 | 8 SYCAMORE WALK |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jun 2024 | Burglary | Under investigation | On or near Hornbeam Road |
| May 2024 | Anti-social behaviour | On or near Hornbeam Road | |
| May 2024 | Anti-social behaviour | On or near Hornbeam Road | |
| May 2024 | Anti-social behaviour | On or near Hornbeam Road | |
| May 2024 | Public order | Under investigation | On or near Hornbeam Road |