£959,117
This estimated value is based upon the latest sale price for the house of £176,500 on 6 Dec 1996. 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 |
|---|---|
| £176,500 | 6 Dec 1996 |
| Detached |
| 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 December 1996 the House Price Index for SURREY was 27.5.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 443.410%.Applying this 443.410% change to the original purchase price of £176,500 results in an estimated price of approximately £959,117.
| 6 Dec 1996 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 27.5 | 149.7 | 443.410 % | £176,500 | £782,617 | £959,117 |
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 | 395.418 % | £697,912 | £874,412 |
| 3 Month Average | 406.541 % | £717,545 | £894,045 |
| 6 Month Average | 462.640 % | £816,559 | £993,059 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 24 May 2024 | £470,000 | £470,000 | 138 RADSTOCK WAY |
| 23 May 2024 | £1,415,000 | £1,415,000 | RED HOUSE ROCKSHAW ROAD |
| 16 Oct 2023 | £414,412 | £405,000 | 26 LAXTON GARDENS |
| 28 Sep 2023 | £341,529 | £334,000 | 70 RADSTOCK WAY |
| 30 Mar 2023 | £473,914 | £466,000 | 6 CHESTERTON DRIVE |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Sep 2024 | Public order | Investigation complete; no suspect identified | On or near Rockshaw Road |
| Aug 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Laxton Gardens |
| Aug 2024 | Violence and sexual offences | Under investigation | On or near Laxton Gardens |
| Jul 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Laxton Gardens |
| Jul 2024 | Criminal damage and arson | Unable to prosecute suspect | On or near Laxton Gardens |