£375,815
This estimated value is based upon the latest sale price for the house of £360,000 on 24 Mar 2022. 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 |
|---|---|
| £360,000 | 24 Mar 2022 |
| £270,000 | 18 Sep 2014 |
| Flats/Maisonettes |
| Leasehold |
| Floor Area: 53 sq meters or 570 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 2022 the House Price Index for SURREY was 143.4.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 4.393%.Applying this 4.393% change to the original purchase price of £360,000 results in an estimated price of approximately £375,815.
| 24 Mar 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 143.4 | 149.7 | 4.393 % | £360,000 | £15,815 | £375,815 |
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 | -17.475 % | £-62,911 | £297,088 |
| 3 Month Average | -7.055 % | £-25,397 | £334,602 |
| 6 Month Average | 3.208 % | £11,548 | £371,548 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 7 Mar 2024 | £837,873 | £825,000 | 54 LESBOURNE ROAD |
| 17 Nov 2023 | £322,178 | £314,000 | FLAT 1 FONTEYN COURT, 18 LESBOURNE ROAD |
| 4 Oct 2023 | £849,289 | £830,000 | 8 HOWARD ROAD |
| 8 Sep 2023 | £173,832 | £170,000 | 14 LESBOURNE ROAD |
| 23 Jun 2023 | £651,047 | £638,000 | 12 LESBOURNE ROAD |
This house has a floor area of 53 sq meters or 570 sq feet when measured on 30 Jan 2009. Using an estimated price of £375,816 means this house is valued at £7,090 per sq meter (£658 per sq foot).
The average size of a house on LESBOURNE ROAD is 80 sq meters (865 sq feet).
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Nov 2024 | Other crime | Under investigation | On or near Lesbourne Road |
| Oct 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near Mulberry Close |
| Nov 2024 | Violence and sexual offences | Under investigation | On or near West Road |
| Sep 2024 | Violence and sexual offences | Investigation complete; no suspect identified | On or near The Close |
| Nov 2024 | Anti-social behaviour | On or near St Andrew'S Close |