£352,553
This estimated value is based upon the latest sale price for the house of £270,000 on 24 Mar 2017. 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 |
|---|---|
| £270,000 | 24 Mar 2017 |
| £177,500 | 18 Jan 2008 |
| £162,000 | 14 Jan 2005 |
| £139,000 | 30 Sep 2002 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 68 sq meters or 731 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 2017 the House Price Index for SURREY was 114.6.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 30.575%.Applying this 30.575% change to the original purchase price of £270,000 results in an estimated price of approximately £352,553.
| 24 Mar 2017 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 114.6 | 149.7 | 30.575 % | £270,000 | £82,553 | £352,553 |
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 | 37.877 % | £102,266 | £372,266 |
| 3 Month Average | 20.684 % | £55,846 | £325,846 |
| 6 Month Average | 27.172 % | £73,364 | £343,364 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 30 Nov 2023 | £316,022 | £308,000 | FLAT 9 BURLINGTON COURT, 158 STATION ROAD |
| 27 Sep 2023 | £184,057 | £180,000 | FLAT 25 CROMWELL PLACE, 144 - 146 STATION ROAD |
| 1 Aug 2023 | £274,959 | £270,000 | FLAT 2 SQUIRRELS GREEN, 154 STATION ROAD |
| 28 Feb 2023 | £167,116 | £166,000 | FLAT 24 CROMWELL PLACE, 144 - 146 STATION ROAD |
| 31 Aug 2022 | £277,297 | £276,000 | FLAT 20 CROMWELL PLACE, 144 - 146 STATION ROAD |
This house has a floor area of 68 sq meters or 731 sq feet when measured on 17 Jun 2016. Using an estimated price of £352,554 means this house is valued at £5,184 per sq meter (£481 per sq foot).
The average size of a house on STATION ROAD is 59 sq meters (641 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Oct 2024 | Violence and sexual offences | Under investigation | On or near Fairfax Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfax Avenue |
| Sep 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfax Avenue |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Fairfax Avenue |
| Oct 2024 | Drugs | Under investigation | On or near Furze Close |