£310,598
This estimated value is based upon the latest sale price for the house of £294,000 on 1 Feb 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 |
|---|---|
| £294,000 | 1 Feb 2022 |
| Leasehold |
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 February 2022 the House Price Index for SURREY was 141.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 5.646%.Applying this 5.646% change to the original purchase price of £294,000 results in an estimated price of approximately £310,598.
| 1 Feb 2022 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 141.7 | 149.7 | 5.646 % | £294,000 | £16,598 | £310,598 |
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 | 64.096 % | £188,443 | £482,443 |
| 3 Month Average | -4.110 % | £-12,083 | £281,916 |
| 6 Month Average | -8.589 % | £-25,252 | £268,747 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 31 May 2024 | £387,500 | £387,500 | 11 HARLOW COURT WRAY COMMON ROAD |
| 15 Dec 2023 | £376,571 | £365,000 | 16 CLAIRVILLE COURT WRAY COMMON ROAD |
| 13 Feb 2023 | £392,623 | £390,000 | 7 HARLOW COURT WRAY COMMON ROAD |
| 9 Feb 2023 | £344,803 | £342,500 | FLAT 16 WARWICK PLACE, 8 WRAY COMMON ROAD |
| 9 Sep 2022 | £349,766 | £350,000 | FLAT 19 WARWICK PLACE, 8 WRAY COMMON ROAD |
| Date | Crime | Outcome | Where |
|---|---|---|---|
| Jul 2024 | Criminal damage and arson | Under investigation | On or near Beech Drive |
| Jun 2024 | Possession of weapons | Unable to prosecute suspect | On or near Beech Drive |
| Jun 2024 | Criminal damage and arson | Investigation complete; no suspect identified | On or near Beech Drive |
| Jun 2024 | Violence and sexual offences | Unable to prosecute suspect | On or near Beech Drive |
| Jun 2024 | Other crime | Under investigation | On or near Beech Drive |