£481,801
This estimated value is based upon the latest sale price for the house of £390,000 on 29 Mar 2019. 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 |
|---|---|
| £390,000 | 29 Mar 2019 |
| Detached |
| Freehold |
| Floor Area: 79 sq meters or 850 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 March 2019 the House Price Index for SURREY was 120.3.
The House Price Index as of 1 Mar 2024 is 148.6 which is a change of 23.539%.Applying this 23.539% change to the original purchase price of £390,000 results in an estimated price of approximately £481,801.
| 29 Mar 2019 | 1 Mar 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 120.3 | 148.6 | 23.539 % | £390,000 | £91,801 | £481,801 |
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 | 76.050 % | £296,595 | £686,595 |
| 3 Month Average | 25.903 % | £101,020 | £491,020 |
| 6 Month Average | 1.155 % | £4,504 | £394,504 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 14 Sep 2023 | £598,654 | £591,000 | LISSETT ROSEMARY LANE |
| 21 Jul 2023 | £139,883 | £138,000 | 34 ROSLAN COURT ROSEMARY LANE |
| 13 Jun 2023 | £93,634 | £92,500 | FLAT 8 GLEN EAGLES AURUM CLOSE |
| 17 Feb 2023 | £259,825 | £260,000 | 1 SUNNINGDALE AURUM CLOSE |
| 21 Oct 2022 | £277,017 | £280,000 | 2 TROON AURUM CLOSE |
This house has a floor area of 79 sq meters or 850 sq feet when measured on 15 Feb 2018. Using an estimated price of £481,801 means this house is valued at £6,098 per sq meter (£566 per sq foot).
The average size of a house on ROSEMARY LANE is 57 sq meters (617 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Station Approach |
| Mar 2024 | Vehicle crime | Investigation complete; no suspect identified | On or near Station Approach |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Station Approach |
| Feb 2024 | Anti-social behaviour | On or near Station Approach | |
| Feb 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Station Approach |