£2,803
This estimated value is based upon the latest sale price for the house of £2,500 on 24 Mar 2021. 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 |
|---|---|
| £2,500 | 24 Mar 2021 |
| £1,015,000 | 2 Oct 2019 |
| Freehold |
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 2021 the House Price Index for SURREY was 133.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 12.135%.Applying this 12.135% change to the original purchase price of £2,500 results in an estimated price of approximately £2,803.
| 24 Mar 2021 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 133.5 | 149.7 | 12.135 % | £2,500 | £303 | £2,803 |
The Postcode Pricing Model uses changes in average sales price within the RH1 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 | -15.904 % | £-397 | £2,102 |
| 3 Month Average | 10.642 % | £266 | £2,766 |
| 6 Month Average | 2.325 % | £58 | £2,558 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 28 Nov 2023 | £492,502 | £480,000 | 47 BARFIELDS |
| 10 Oct 2023 | £322,321 | £315,000 | 34 BARFIELDS |
| 25 Sep 2023 | £487,752 | £477,000 | 17 BARFIELDS |
| 28 Aug 2023 | £371,704 | £365,000 | 3 BARFIELDS |
| 12 Jun 2023 | £591,861 | £580,000 | 20 BARFIELDS |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Aug 2024 | Other theft | Under investigation | On or near Botery'S Cross |
| Aug 2024 | Anti-social behaviour | On or near Barfields | |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Barfields |
| Aug 2024 | Public order | Unable to prosecute suspect | On or near Barfields |
| Aug 2024 | Public order | Under investigation | On or near Barfields |