£536,464
This estimated value is based upon the latest sale price for the house of £308,000 on 18 Jul 2006. 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 |
|---|---|
| £308,000 | 18 Jul 2006 |
| £325,000 | 30 Jun 2006 |
| £166,950 | 2 Jul 1999 |
| Terraced |
| Freehold |
| Floor Area: 119 sq meters or 1,280 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 July 2006 the House Price Index for SURREY was 85.9.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 74.177%.Applying this 74.177% change to the original purchase price of £308,000 results in an estimated price of approximately £536,464.
| 18 Jul 2006 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 85.9 | 149.7 | 74.177 % | £308,000 | £228,464 | £536,464 |
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 | 87.697 % | £270,107 | £578,107 |
| 3 Month Average | 81.799 % | £251,939 | £559,939 |
| 6 Month Average | 95.662 % | £294,637 | £602,637 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Mar 2024 | £538,270 | £530,000 | HAWTHORNS LINKFIELD LANE |
| 20 Nov 2023 | £246,251 | £240,000 | FLAT 12 WANDLE HOUSE NORTH STREET |
| 20 Oct 2023 | £521,852 | £510,000 | 6 SPRUCE CLOSE |
| 21 Apr 2023 | £1,350,255 | £1,325,000 | 26C LINKFIELD LANE |
| 4 Apr 2023 | £173,240 | £170,000 | FLAT 4 AVON HOUSE RUTLAND CLOSE |
This house has a floor area of 119 sq meters or 1,280 sq feet when measured on 5 Nov 2021. Using an estimated price of £536,465 means this house is valued at £4,508 per sq meter (£418 per sq foot).
The average size of a house on SPRUCE CLOSE is 122 sq meters (1,314 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Anti-social behaviour | On or near Spruce Close | |
| Jul 2024 | Anti-social behaviour | On or near Spruce Close | |
| Jul 2024 | Anti-social behaviour | On or near Spruce Close | |
| Jul 2024 | Anti-social behaviour | On or near Spruce Close | |
| Sep 2024 | Other theft | Unable to prosecute suspect | On or near North Street |