£341,994
This estimated value is based upon the latest sale price for the house of £317,500 on 26 Nov 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 |
|---|---|
| £317,500 | 26 Nov 2021 |
| £312,500 | 20 Dec 2018 |
| £250,000 | 5 Jan 2015 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 58 sq meters or 624 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 November 2021 the House Price Index for SURREY was 137.4.
The House Price Index as of 1 Apr 2024 is 148.0 which is a change of 7.715%.Applying this 7.715% change to the original purchase price of £317,500 results in an estimated price of approximately £341,994.
| 26 Nov 2021 | 1 Apr 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 137.4 | 148.0 | 7.715 % | £317,500 | £24,494 | £341,994 |
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 | -9.642 % | £-30,611 | £286,888 |
| 3 Month Average | -30.719 % | £-97,533 | £219,966 |
| 6 Month Average | -13.089 % | £-41,558 | £275,941 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 17 Nov 2023 | £318,084 | £314,000 | FLAT 1 FONTEYN COURT, 18 LESBOURNE ROAD |
| 23 Jun 2023 | £643,215 | £638,000 | 12 LESBOURNE ROAD |
| 7 Jun 2023 | £756,131 | £750,000 | 42 LESBOURNE ROAD |
| 28 Feb 2023 | £288,635 | £290,000 | FLAT 10 FONTEYN COURT, 18 LESBOURNE ROAD |
| 1 Sep 2022 | £736,048 | £745,000 | 26 PARKGATE ROAD |
This house has a floor area of 58 sq meters or 624 sq feet when measured on 31 Mar 2021. Using an estimated price of £341,994 means this house is valued at £5,896 per sq meter (£547 per sq foot).
The average size of a house on LESBOURNE ROAD is 80 sq meters (871 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Apr 2024 | Anti-social behaviour | On or near Mulberry Close | |
| Mar 2024 | Public order | Under investigation | On or near Mulberry Close |
| Jan 2024 | Anti-social behaviour | On or near Mulberry Close | |
| Jan 2024 | Anti-social behaviour | On or near Mulberry Close | |
| Jan 2024 | Anti-social behaviour | On or near Mulberry Close |