£280,403
This estimated value is based upon the latest sale price for the house of £240,000 on 30 Oct 2020. 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 |
|---|---|
| £240,000 | 30 Oct 2020 |
| £253,000 | 2 Jun 2017 |
| £204,995 | 25 Apr 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 69 sq meters or 742 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 October 2020 the House Price Index for SURREY was 126.7.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 16.835%.Applying this 16.835% change to the original purchase price of £240,000 results in an estimated price of approximately £280,403.
| 30 Oct 2020 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 126.7 | 148.0 | 16.835 % | £240,000 | £40,403 | £280,403 |
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 | -17.541 % | £-42,098 | £197,901 |
| 3 Month Average | 29.756 % | £71,415 | £311,415 |
| 6 Month Average | 8.242 % | £19,781 | £259,781 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 21 Jul 2023 | £411,896 | £408,000 | 155 BROOKFIELD DRIVE |
| 11 Nov 2022 | £329,654 | £335,000 | 5 RAILFIELD GARDENS |
| 28 Jan 2022 | £427,649 | £408,000 | 1 RAILFIELD GARDENS |
| 24 Jan 2022 | £503,116 | £480,000 | 102 BROOKFIELD DRIVE |
| 29 Sep 2021 | £466,860 | £435,000 | 30 RAILFIELD GARDENS |
This house has a floor area of 69 sq meters or 742 sq feet when measured on 16 Apr 2014. Using an estimated price of £280,403 means this house is valued at £4,063 per sq meter (£377 per sq foot).
The average size of a house on BROOKFIELD DRIVE is 118 sq meters (1,271 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blacksmith Road |
| Apr 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Blacksmith Road |
| Mar 2024 | Other theft | Investigation complete; no suspect identified | On or near Blacksmith Road |
| Feb 2024 | Other theft | Under investigation | On or near Blacksmith Road |
| Feb 2024 | Other theft | Under investigation | On or near Blacksmith Road |