£477,041
This estimated value is based upon the latest sale price for the house of £277,905 on 18 Nov 2011. This value is then adjusted by the current Official House Price Index for SURREY 1
Get our free house price tracker.
2-3 South Parade, School Hill, Merstham, RH1 3RA
Phone: 01737483601
| Price Paid | Date |
|---|---|
| £277,905 | 18 Nov 2011 |
| £226,000 | 20 Jun 2006 |
| Semi-Detached |
| Freehold |
| Floor Area: 81 sq meters or 874 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 November 2011 the House Price Index for SURREY was 86.2.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 71.656%.Applying this 71.656% change to the original purchase price of £277,905 results in an estimated price of approximately £477,041.
| 18 Nov 2011 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 86.2 | 148.0 | 71.656 % | £277,905 | £199,136 | £477,041 |
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 | 144.165 % | £400,640 | £678,545 |
| 3 Month Average | 35.593 % | £98,915 | £376,820 |
| 6 Month Average | 35.379 % | £98,320 | £376,225 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 22 Aug 2023 | £442,692 | £440,000 | 17 STUART ROAD |
| 14 Jul 2023 | £706,685 | £700,000 | 64 SANDCROSS LANE |
| 24 Mar 2023 | £465,014 | £462,500 | 35 STUART ROAD |
| 9 Aug 2022 | £444,993 | £448,000 | 6 STUART CRESCENT |
| 27 Apr 2022 | £215,385 | £210,000 | 7A SLIPSHATCH ROAD |
This house has a floor area of 81 sq meters or 874 sq feet when measured on 25 Nov 2010. Using an estimated price of £477,042 means this house is valued at £5,874 per sq meter (£545 per sq foot).
The average size of a house on PRICES LANE is 79 sq meters (860 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Vehicle crime | Under investigation | On or near Sandcross Lane |
| Mar 2024 | Vehicle crime | Under investigation | On or near Sandcross Lane |
| Jan 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Sandcross Lane |
| Jan 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Stuart Road |
| Jan 2024 | Anti-social behaviour | On or near Stuart Road |