£316,116
This estimated value is based upon the latest sale price for the house of £185,000 on 28 May 2010. 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 |
|---|---|
| £185,000 | 28 May 2010 |
| Detached |
| 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 May 2010 the House Price Index for SURREY was 87.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.874%.Applying this 70.874% change to the original purchase price of £185,000 results in an estimated price of approximately £316,116.
| 28 May 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.6 | 149.7 | 70.874 % | £185,000 | £131,116 | £316,116 |
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 | 106.636 % | £197,277 | £382,277 |
| 3 Month Average | 74.370 % | £137,584 | £322,584 |
| 6 Month Average | 85.732 % | £158,603 | £343,603 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 18 Dec 2023 | £330,145 | £320,000 | 18 OAKLANDS DRIVE |
| 24 Feb 2023 | £377,522 | £375,000 | 16 OAKLANDS DRIVE |
| 6 Jan 2023 | £401,072 | £400,000 | 7 BRAMBLE CLOSE |
| 31 Oct 2022 | £348,835 | £350,000 | 2 BIRCH WAY |
| 13 May 2022 | £292,623 | £285,000 | 1 ASH DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Public order | Investigation complete; no suspect identified | On or near Ash Drive |
| Aug 2024 | Public order | Under investigation | On or near Oaklands Drive |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Oaklands Drive |
| Sep 2024 | Violence and sexual offences | Under investigation | On or near Haigh Crescent |
| Sep 2024 | Public order | Unable to prosecute suspect | On or near Knighton Road |