£382,380
This estimated value is based upon the latest sale price for the house of £310,000 on 16 Feb 2018. 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 |
|---|---|
| £310,000 | 16 Feb 2018 |
| Semi-Detached |
| Freehold |
| Floor Area: 82 sq meters or 882 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 February 2018 the House Price Index for SURREY was 118.9.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 23.348%.Applying this 23.348% change to the original purchase price of £310,000 results in an estimated price of approximately £382,380.
| 16 Feb 2018 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 118.9 | 146.7 | 23.348 % | £310,000 | £72,380 | £382,380 |
The Postcode Pricing Model uses changes in average sales price within the RH6 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 | 51.686 % | £160,225 | £470,225 |
| 3 Month Average | 12.977 % | £40,227 | £350,227 |
| 6 Month Average | 2.026 % | £6,279 | £316,279 |
This house has a floor area of 82 sq meters or 882 sq feet when measured on 26 Feb 2016.
The average size of a house on STATION APPROACH is 73 sq meters (788 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Dec 2023 | Public order | Under investigation | On or near Crewdson Road |
| Feb 2024 | Other theft | Under investigation | On or near St Georges Close |
| Dec 2023 | Criminal damage and arson | Under investigation | On or near St Georges Close |
| Dec 2023 | Anti-social behaviour | On or near Parking Area | |
| Dec 2023 | Anti-social behaviour | On or near Parking Area |