£253,788
This estimated value is based upon the latest sale price for the house of £56,500 on 23 Apr 1999. 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 |
---|---|
£56,500 | 23 Apr 1999 |
Flats/Maisonettes |
Leasehold |
Floor Area: 42 sq meters or 452 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 April 1999 the House Price Index for SURREY was 33.3.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 349.184%.Applying this 349.184% change to the original purchase price of £56,500 results in an estimated price of approximately £253,788.
23 Apr 1999 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
33.3 | 149.7 | 349.184 % | £56,500 | £197,288 | £253,788 |
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 | 457.461 % | £258,465 | £314,965 |
3 Month Average | 307.458 % | £173,713 | £230,213 |
6 Month Average | 310.386 % | £175,368 | £231,868 |
Date | Current Estimated Value | Price Paid | Address |
---|---|---|---|
16 Mar 2023 | £450,015 | £442,500 | 10 WESTERN PARADE |
16 Feb 2022 | £850,448 | £805,000 | 29 VOGAN CLOSE |
29 Nov 2021 | £800,797 | £735,000 | 3 LIME CLOSE |
30 Jul 2021 | £839,385 | £725,000 | 6 VOGAN CLOSE |
21 Jul 2021 | £422,587 | £365,000 | 86 HORNBEAM ROAD |
This house has a floor area of 42 sq meters or 452 sq feet when measured on 24 Feb 2020. Using an estimated price of £253,789 means this house is valued at £6,042 per sq meter (£561 per sq foot).
The average size of a house on WESTERN PARADE is 55 sq meters (599 sq feet).
Date | Crime | Outcome | Where |
---|---|---|---|
May 2024 | Public order | Investigation complete; no suspect identified | On or near Supermarket |
May 2024 | Public order | Investigation complete; no suspect identified | On or near Supermarket |
Jul 2024 | Violence and sexual offences | Under investigation | On or near Petrol Station |
Jun 2024 | Other theft | Under investigation | On or near Petrol Station |
Jun 2024 | Other theft | Investigation complete; no suspect identified | On or near Petrol Station |