£331,943
This estimated value is based upon the latest sale price for the house of £177,000 on 31 Mar 2005. 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 |
|---|---|
| £177,000 | 31 Mar 2005 |
| £210,000 | 25 Jun 2004 |
| £198,995 | 27 Jun 2003 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 628 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 March 2005 the House Price Index for SURREY was 79.8.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 87.538%.Applying this 87.538% change to the original purchase price of £177,000 results in an estimated price of approximately £331,943.
| 31 Mar 2005 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 79.8 | 149.7 | 87.538 % | £177,000 | £154,943 | £331,943 |
The Postcode Pricing Model uses changes in average sales price within the RH1 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 | 157.692 % | £279,114 | £456,114 |
| 3 Month Average | 102.851 % | £182,046 | £359,046 |
| 6 Month Average | 104.992 % | £185,836 | £362,836 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Aug 2023 | £611,020 | £600,000 | 34 REED DRIVE |
| 7 Jun 2023 | £423,487 | £415,000 | FLAT 16 EDWARD HOUSE ROYAL EARLSWOOD PARK |
| 17 Apr 2023 | £397,434 | £390,000 | FLAT 17 EDWARD HOUSE ROYAL EARLSWOOD PARK |
| 28 Feb 2023 | £302,017 | £300,000 | 7 ANDERSON COURT |
| 10 Feb 2023 | £619,136 | £615,000 | 3 REED DRIVE |
This house has a floor area of 58 sq meters or 628 sq feet when measured on 14 Oct 2009. Using an estimated price of £331,943 means this house is valued at £5,682 per sq meter (£527 per sq foot).
The average size of a house on ANDERSON COURT is 75 sq meters (810 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Violence and sexual offences | Under investigation | On or near Reed Drive |
| Nov 2024 | Public order | Under investigation | On or near Gatehouse Lodge |
| Aug 2024 | Violence and sexual offences | Action to be taken by another organisation | On or near Palmerston Close |
| Sep 2024 | Drugs | Under investigation | On or near Talfourd Way |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Talfourd Way |