£2,853,973
This estimated value is based upon the latest sale price for the house of £2,054,700 on 15 Oct 2015. 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 |
|---|---|
| £2,054,700 | 15 Oct 2015 |
| £1,300,000 | 27 Nov 2006 |
| Detached |
| Freehold |
| Floor Area: 393 sq meters or 4,230 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 2015 the House Price Index for SURREY was 105.6.
The House Price Index as of 1 Feb 2024 is 146.7 which is a change of 38.900%.Applying this 38.900% change to the original purchase price of £2,054,700 results in an estimated price of approximately £2,853,973.
| 15 Oct 2015 | 1 Feb 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 105.6 | 146.7 | 38.900 % | £2,054,700 | £799,273 | £2,853,973 |
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 | -3.534 % | £-72,609 | £1,982,090 |
| 3 Month Average | -21.535 % | £-442,483 | £1,612,216 |
| 6 Month Average | 0.038 % | £786 | £2,055,486 |
This house has a floor area of 393 sq meters or 4,230 sq feet when measured on 14 May 2015.
The average size of a house on THE WAY is 243 sq meters (2,619 sq feet).
This house is the largest in the street with a floor area of 393 sq meters (4,230 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Violence and sexual offences | Under investigation | On or near Wray Common Road |
| Mar 2024 | Drugs | Under investigation | On or near Wray Common Road |
| Feb 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Wray Common Road |
| Feb 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Wray Common Road |
| Dec 2023 | Vehicle crime | Investigation complete; no suspect identified | On or near Wray Lane |